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See how verdicts work2-bedroom flat · NE1 4DP
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
City Quadrant, Newcastle upon Tyne, NE1 4DP Penthouse • Approx. 900 sq.
Ft • EPC D • Council Tax Band D Service Charge ~£5,000 p/a • Ground Rent £150 p/a - Tenanted until August 2026 This stunning seventh floor penthouse apartment in the sought after City Quadrant development offers exceptional city centre living with a large private terrace and impressive views across Newcastle’s skyline.
With approx. 900 sq. Ft of modern living space, this superb home is ideal for professionals, downsizers, or anyone seeking luxury accommodation in a prime urban setting.
The welcoming hallway includes a useful storage cupboard and leads to the expansive open plan kitchen/lounge, complete with floor to ceiling terrace doors flooding the space with natural light.
The fitted kitchen includes ample storage, oven, hob, and extractor fan. There are two generous double bedrooms, with the main bedroom benefiting from its own ensuite shower room.
The stylish main bathroom offers a bath with overhead shower, WC, and wash basin. Key Features Seventh floor penthouse apartment Large private terrace with panoramic city views Approx. 900 sq.
Ft of spacious living Open plan kitchen/lounge with terrace access Two large double bedrooms Main bedroom with ensuite Main bathroom with bath and overhead shower EPC Rating D Council Tax Band D Service charge approx.
£5,000 p/a Ground rent £150 p/a Location – City Quadrant, NE1 Perfectly positioned in Newcastle City Centre, City Quadrant is moments from shops, cafés, restaurants, Eldon Square, Central Station, and major transport links.
A premier development offering convenience, security, and contemporary urban living.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Apartment 701, City Quadrant, 11, Waterloo Square, Tyne and Wear
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