Studio flat · NE1 4LY
To rentListed 201 days · slow let
Opportunity summary
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About
Additional £40.00 pw required for the utilities Graysons Properties are proud to present this exclusive studio apartment, ideally suited for students, located in the heart of Newcastle City Centre and overlooking the beautiful Leazes Park.
The building is a Grade I listed property of historic importance, offering a unique living experience in an iconic setting.
This open-plan studio apartment is thoughtfully designed and beautifully furnished, offering ample storage throughout.
The apartment features a fully fitted kitchen equipped with a 4-zone hob, oven, large fridge/freezer, and breakfast bar, providing a practical and comfortable space for everyday living.
The property benefits from gas central heating, complimentary on-site laundry facilities, and high-speed internet throughout via a dedicated fibre line.
Residents also enjoy access to excellent communal facilities, including a Residents' Lounge, study rooms, and a shared residents' kitchen, creating a well-balanced living and study environment.
The location is ideal for university life, situated just a 4-minute walk to Newcastle University's main campus, 5 minutes' walk to the Business School and Urban Sciences Building, and approximately 15 minutes' walk to Northumbria University, ensuring you are always close to your place of study.
For transport links, St James Metro Station is only a 4-minute walk away, while Haymarket Metro Station is approximately 8 minutes on foot, providing easy access across the city and to the coast.
Study Rooms: Comes with a large TV, desk (boardroom desk), chairs and a white board. This is the perfect space for presentations, study and exam preparation.
Residents Lounge: Comes with a Large TV, sitting and dining area. This is the perfect space for socialising with your friends, movie nights or gaming.
Exclusive Studio Residents Kitchen: Comes with a kitchen unit, oven, hob, fridge-Freezer, microwave, dining area, siting area and a TV. This is the perfect space to invite your guest over for a meal.
Residents Lounge / kitchen / Study room - subject to availability, needs to be booked in advance. Residents Lounge / kitchen / Study room - subject to availability, needs to be booked in advance.
*No Deposit, Monthly Payments available for international and UK tenants (Subject to tenant matching the criteria) **Graysons Properties; price match guarantee promise allows all enquirers to obtain a price match on a property in a similar location with comparable qualities and facilities available ***Secure Parking Facility (limited spaces available) - Additional cost required for parking.
Graysons Properties has been awarded the Anuk Code membership. A coveted recognition of the quality of properties and services they provide to their customers.
Important Notice - We endeavour to make our lettings particulars accurate and reliable. They should be considered as a general guide only and do not constitute all or any part of the contract.
Prospective tenants and their advisors should satisfy themselves as to the facts, and before arranging an inspection, availability.
Further information on any point of importance can be provided, if in doubt please seek clarification before proceeding with a tenancy.
No person in the employment of Graysons Properties has any authority to make or give any representation or warranty whatever in relation to this property.
Please contact the office for more information.
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 Leazes Terrace, Newcastle Upon Tyne, NE1
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