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See how verdicts work2-bedroom flat
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunters Estate Agents Newcastle are delighted to bring to the market this well-presented two-bedroom apartment in the popular Citygate development on Bath Lane, offering an excellent opportunity for investors seeking a city centre property with an established rental income.
Currently generating £1,250 per calendar month (£15,000 per annum), the apartment offers an attractive gross rental yield of approximately 8.82% based on the asking price of £170,000.
Citygate is ideally placed for everything Newcastle has to offer, with the city centre within easy reach and a fantastic choice of shops, restaurants, bars and leisure facilities nearby.
Excellent transport connections also make the location particularly appealing to tenants.
Inside, the apartment offers bright and spacious accommodation, with an entrance hallway opening into a generous open-plan living, dining and kitchen area – a great space for both relaxing and entertaining.
The contemporary fitted kitchen includes a range of wall and base units, contrasting work surfaces, integrated appliances and a practical breakfast bar.
There are two well-proportioned bedrooms and a modern bathroom, while double glazing and electric heating complete the accommodation.
Combining a desirable city centre location, two-bedroom accommodation and a strong existing rental return, this is an appealing turnkey investment opportunity for both experienced landlords and those looking to add a Newcastle city centre property to their portfolio.
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
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
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FAQ
About Bath Lane, Newcastle Upon Tyne
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