2-bedroom flat · NE1 6BF
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom furnished flat is available to rent in Newcastle City Centre, on Pilgrim Street.
The City Centre location is close to local shops, leisure facilities and regular public transport links.
The accommodation includes an open-plan living and kitchen area with large windows, fitted units, worktop space, an oven, hob and extractor.
The living area is furnished with seating and a dining table. There are two furnished bedrooms, both with large windows.
The property has two bathrooms; the photographs show a bathroom with a bath, shower over, WC, wash basin, mirrored storage and a heated towel rail. A hallway provides access through the flat.
Rent: £1,450 pcm. Deposit: £1,450. Furnished. EPC rating C.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About City Centre, Newcastle upon Tyne, NE1 6BF
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