1-bedroom flat · NE2 4LL
To rentListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**ONE BEDROOM | SEPARATE STUDY/OFFICE | SPITAL TONGUES | OPEN-PLAN LIVING** Newcastle Residential are pleased to offer this well-presented **one bedroom property with a separate study/office room**, situated in the popular Spital Tongues area.
The property features a bright **open-plan reception room and kitchen**, providing a modern and practical living space.
There is a good-sized double bedroom together with an additional **study/home office**, ideal for working from home, studying or use as extra storage space.
The accommodation is completed by a **modern tiled bathroom** with a contemporary finish.
Spital Tongues is ideally positioned for easy access to **Newcastle University, the RVI and Newcastle City Centre**, making the property particularly well suited to professionals, postgraduate students or couples.
**Key Features** - One double bedroom - Separate study/home office - Open-plan kitchen and reception room - Modern fitted kitchen - Contemporary tiled bathroom - Popular Spital Tongues location - Close to Newcastle University and the RVI - Easy access to Newcastle City Centre - Ideal for professionals or postgraduate students **Early viewing is recommended.** Newcastle Residential **People | Property | Progress**.
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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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 Spital Tongues, Newcastle upon Tyne, NE2 4LL
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