1-bedroom flat · NE2 1EA
Listing removedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brand New Luxury apartment close to Jesmond Metro and Newcastle City Centre with all bills included.
(Not TV Licence) Fantastic spacious apartment for professionals or students in sought after suburb of Sandyford, offering open plan living with new high specification fixtures and fittings throughout.
Moments from Aidan's Kitchen, Scream for Pizza, Newtons Cafe and Little Lobo.
Property Features: All inclusive basis (Heating, water, electricity only - subject to fair usage) Brand new 1 bed apartment Large 40 sq.m space 50 inch UHD 4K TV included Fully furnished with double bed, bedside tables, fitted wardrobe, sofa, coffee table, dining table and chairs Separate fitted kitchen with washer dryer Modern, insulated with double glazed Secure development with CCTV Cycle storage available Car Parking available on site for an additional cost Lift access to all floors Smart heating controls, high speed Wi-Fi and ethernet in each apartment 10 minute walk to City Centre and both University campuses Less than 500m walk to Jesmond Metro Station Array of public transport, shops and services within a few minutes walk including Energy performance rating of C Council Tax Band: A or Exempt (subject to full student occupation - tenant should clarify this with Local Authority) Holding Deposit (to reserve the property): 1 week's rent: £310 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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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
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About 1 Wallington House, Jesmond
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