3-bedroom flat · NE1 1UD
To rentReduced £125 (−7.7%) on 25 SepListed 139 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Parrish View - Three Bedroom Apartment Well presented and generously proportioned three bedroom apartment located within the popular Parrish View development.
The accommodation comprises three spacious double bedrooms, including a principal bedroom with private en suite shower room, offering comfortable and practical living for professionals, sharers or students.
The property further benefits from a modern fitted kitchen with ample storage and workspace, a contemporary main bathroom, and well-maintained interiors throughout.
Additional features include double glazing, electric heating, and a convenient location close to local amenities, transport links, and the city centre.
A great opportunity to secure a spacious three bedroom apartment in a sought-after residential setting.
Key Features Three double bedrooms Principal bedroom with en suite shower room Modern fitted kitchen Contemporary bathroom Double glazing Electric heating Convenient location close to amenities and transport links Ideal for professionals, students, or sharers
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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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 Parrish View, Pudding Chare Newcastle upon Tyne
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