4-bedroom flat · NE1 6PE
Let agreedListed 224 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Additional £25.00 pppw required for the utilities Double Bedrooms from £116.00 pppw Graysons Properties are proud to offer this modern 4 bedroom apartment situated near Quayside and Newcastle City Centre.
This area is well desired by students.
The property is conveniently located within 5 mins walk to Northumbria University and 15 minutes' walk to Newcastle University, so you are never far away from your place of study.
Excellent transport links are nearby, with Manors Metro Station approximately 6 minutes' walk away, providing easy access across Newcastle and the wider region.
Each apartment is finished to a high standard and furnished with modern, contemporary furniture.
The property benefits from a communal open-plan lounge, dining and kitchen area, a separate bathroom (with WC), an additional shower room (with WC), and a hallway.
Each bedroom is fitted out to an excellent standard to meet residents' needs and includes a monitor, desk, chair, double bed, wardrobe, bookshelves, and pin boards with LED backlighting.
All apartments have LVT flooring in the lounge, kitchen area ,entrance hall and in the bedrooms.
The modern integrated kitchens are fully equipped with everything you need as a student to get settled in straight away with your own electric hob, dishwasher, separate drinks cooler, washer/dryer, and two fridge freezers!
The property is ideally located within walking distance of key universities, making it a popular choice for students: Stepney Lane is also well positioned for everyday convenience, with local shops, supermarkets, cafés, and takeaways all within a short walking distance.
Quayside is only 5 minutes walk away.
*No Deposit, Monthly Payments and Free Guarantor service available for international and UK tenants (Subject to tenant matching the criteria) **Graysons Properties' price match guarantee promise allows all enquirers to obtain a price match on a property in a similar location with comparable qualities and facilities available Resident Parking Permits are not available at this property.
Residents will have to apply for a season pass. Graysons Properties has been awarded the Anuk Code membership.
A coveted recognition of the quality of properties and services they provide to their customers. Important Notice - We endeavour to make our lettings particulars accurate and reliable.
They should be considered as a general guide only and do not constitute all or any part of the contract.
Prospective tenants and their advisors should satisfy themselves as to the facts, and before arranging an inspection, availability.
Further information on any point of importance can be provided, if in doubt please seek clarification before proceeding with a tenancy.
No person in the employment of Graysons Properties has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Stepney Lane, Newcastle Upon Tyne, NE1
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