2-bedroom flat · NE1 4DG
To rentListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting this stylish and contemporary two-bedroom furnished apartment available for both long and short-term lettings, located on the ever-popular Waterloo Street in the heart of Newcastle upon Tyne, NE1.
Situated on the ground floor, this modern flat blends comfort with convenience, making it the ideal residence for professionals or couples seeking urban living at its best.
Stepping through the private entrance, residents are greeted by a welcoming layout that comprises two generously-proportioned double bedrooms and a sleek, tiled bathroom.
The living space and modern kitchen come furnished, offering ample room for relaxation and dining.
As an added benefit, all bills are included in the monthly rent, allowing for simple budget planning with no hidden surprises.
The property also falls within Council Tax Band A, ensuring affordability for tenants.
Set in prime city centre surroundings, Waterloo Street provides superb access to Newcastle's vibrant urban lifestyle.
Not only is the popular Eldon Square shopping centre just a short stroll away, but you'll also find a variety of independent cafes, bustling restaurants, stylish bars, and renowned theatres – including the Hippodrome and Theatre Royal – all within easy reach.
For commuters, Central Station and Metro links to wider Tyne & Wear areas are conveniently accessible, and the nearby Quayside allows residents to enjoy riverside walks, gallery visits, and cultural events year-round.
This property is ready to move into from 1st October 2026 and represents a chance to embrace the best of city-based living in Newcastle.
To fully appreciate what this fantastic apartment and location have to offer, arranging a viewing is highly recommended. Get in touch today to secure your appointment.
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 WS2, Waterloo Street, Newcastle upon Tyne
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