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See how verdicts work2-bedroom flat · NE6 1UL
For saleListed 2 daysAuction 18 Nov · in 22 days
Opportunity summary
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About
FOR SALE BY ONLINE AUCTION ENDING 18TH NOVEMBER 2026 AT 12:00PM. THE PROPERTY IS SOLD UNDER UNCONDITIONAL AUCTION TERMS AND CONDITIONS.
A stunning two-bedroom apartment set within the highly desirable and sought-after marina development of The Moorings, offering an exceptional opportunity for those seeking stylish living in a picturesque setting with ease of access to the Ouseburn.
This impressive home is beautifully presented and ready to move straight into, making it ideal for first-time buyers, professionals, or those looking to downsize without compromise.
Upon entering the apartment, you are welcomed by a well-proportioned hallway that provides access to all principal rooms and sets the tone for the space beyond.
The heart of the home is the beautifully designed open-plan lounge and fitted kitchen, a contemporary living area perfect for both relaxing and entertaining.
The lounge benefits from patio doors that open to a charming Juliet-style balcony, offering a stunning view of the marina.
The kitchen area is thoughtfully arranged and features a range of modern, stylish wall and base units complemented by built in cooking appliances, providing both functionality and a sleek finish.
Whether preparing everyday meals or hosting guests, this space is designed to meet a variety of needs with ease.
The property boasts two generous double bedrooms, each offering comfortable accommodation with ample space for furnishings.
Both bedrooms are served by a beautifully appointed bathroom, fitted with a modern white suite. There is also access to a useful loft space, accessed via pull a pull down ladder.
Externally, the apartment further benefits from a good sized garage with lighting, providing secure off-street parking or additional storage, a valuable feature within this popular development.
Perfectly positioned, The Moorings offers immediate access to scenic riverside walks and the popular Cycle Route 72, ideal for outdoor enthusiasts.
The property is also well connected, with transport links providing access to the city centre and surrounding areas, making commuting straightforward and convenient.
Combining location, style, and practicality, this superb apartment truly stands out and must be viewed to be fully appreciated.
Terms & Timescales This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days.
Legal Pack A legal pack is available for this property.
We strongly advise all potential bidders to thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions.
If you are unsure of anything contained within the pack, please consult a legal representative.
Deposit In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,600) which contributes towards the overall purchase price of the property.
The deposit is non-refundable. Buyer Fees This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £3,600 inc VAT.
This does not form part of the purchase price.
More Information For further information please contact our auction department on or email ONLINE AUCTION NOTICE I hereby acknowledge and confirm the following: Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes.
My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly.
I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within.
If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
EPC Rating: D Kitchen / Living Area 3.73m x 7.08m Bathroom 1.88m x 2.68m Bedroom 1 2.7m x 3.52m Bedroom 2 2.43m x 3.6m Hallway 0.97m x 3.03m Garage 3.13m x 6.06m Parking - Garage
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 St. Lawrence Road, Newcastle Upon Tyne, NE6
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