2-bedroom flat · NE1 5JF
For saleListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented two bedroom city centre apartment, ideally positioned on the ever-popular Grainger Street in the heart of Newcastle upon Tyne.
Offering generous accommodation throughout and an exceptionally long lease, this property is perfectly suited to owner occupiers or investors alike.
The accommodation opens into a welcoming entrance hall, leading through to an impressive openplan kitchen, living and dining area measuring approximately 6.95m x 5.60m (22’10” x 18’4”).
This bright and versatile space provides ample room for both entertaining and everyday living, with the kitchen area thoughtfully laid out to maximise storage and worktop space.
There are two well-proportioned double bedrooms, with the principal bedroom measuring approximately 3.40m x 3.13m and benefiting from an ensuite shower room.
The second bedroom, measuring 3.55m x 2.79m, is also a comfortable double and well positioned adjacent to the main bathroom. A modern family bathroom completes the accommodation.
The apartment extends to approximately 79.3 sq m (854 sq ft) and further benefits from an exceptionally long lease with approximately 975 years remaining, providing long-term peace of mind for purchasers.
Situated within Newcastle city centre, Grainger Street offers immediate access to shops, restaurants, cafes, transport links and Newcastle Central Station, making this an outstanding location for professional buyers and tenants alike.
Additional Information: Leasehold – approx.
975 years remaining Council Tax Band D EPC Rating: E Total floor area: 79.3 sq m (854 sq ft) Early viewing is highly recommended to appreciate the space and prime city centre position on offer.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 77B,, Grainger Street, Tyne and Wear
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