2-bedroom flat · NE2 1XG
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This well-presented apartment enjoys a prime central location, within easy walking distance of both the university and town centre, making it an ideal choice for students, first-time buyers, or investors.
The building is professionally managed and benefits from regularly cleaned communal areas, ongoing maintenance, and continued investment in fire safety and general improvements, creating a secure, attractive, and well-maintained living environment.
The service charge includes water rates and contributions to a reserve fund for future maintenance and capital improvements, helping to minimize the risk of unexpected large expenses.
For added convenience, a launderette is located within the building directly opposite the apartment, making everyday living even easier.
Offering a combination of central location, predictable running costs, and well-managed communal facilities, this property represents an excellent opportunity for owner-occupiers and investors alike.
Council Tax Band: B (Newcastle City Council) Tenure: Leasehold (189 years) Service Charge: £3,174 per year 2nd Bedroom (Double)
Value & comps
No previous sales on record.
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 asking
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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 advisors 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 Flat 4, Deuchar House, Newcastle upon Tyne
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