4-bedroom flat · NE2 1UY
To rentListed 122 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 8 The Square, 1 Falconar Street within the highly sought-after Shieldfield area of Newcastle is a spacious 4 bedroom property, perfect for a group of university friends to let next year.
Flat 8 The Square, 1 Falconar Street offers 4 completely furnished bedrooms with double beds, chair and desk and plenty of storage for your belongings.
This spacious 4 bedroom property also boasts fantastic shared spaces including, a large kitchen with the most modern appliances and a dining table for shared meals, and a really comfortable living room boasting a great flat screen tv and sofas, making this the perfect home to live in with friends.
Living in Flat 8 The Square, 1 Falconar Street ensures you will have a property with a comfortable and well-equipped bedroom to study and rest, plus unbeatable communal spaces to socialise and relax in after a hard day on campus.
Located in the Shieldfield area of Newcastle, Flat 8 The Square, 1 Falconar Street Is well located for students at both The University of Northumbria and Newcastle University.
The property is only 9 minutes by foot to The University of Northumbria and just a 22 -minute walk to Newcastle University.
Please note that these properties are currently being refurbished to Student Cribs standards, ready to be moved into ahead of the next academic year.
Wifi service includes 350Mb wired base speed and connectivity for up to 20 devices.
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
Agent & docs
FAQ
About 1, Falconar Street, Newcastle, NE2
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