1-bedroom flat · NE1 2AY
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ONE BEDROOM FURNISHED CITY CENTRE APARTMENT | AVAILABLE 16TH NOVEMBER 2026 | Living Spaces are delighted to offer to the rental market this well-presented one-bedroom second floor apartment situated within the popular Pandongate House development, ideally located for convenient access to Newcastle City Centre and the Quayside.
The accommodation briefly comprises; secure communal entrance with lift access, entrance hallway, double bedroom with fitted wardrobes, bathroom with shower over bath, and an open-plan lounge and kitchen area featuring an exposed brick feature wall and modern fitted appliances including a fridge freezer, dishwasher, washing machine, oven and hob.
Energy Efficiency Rating: C. Council Tax Band C. Holding Deposit: One weeks rent to reserve, then taken off move in monies. Damage Deposit: Five Weeks Rent.
Hallway Open Plan Living / Dining Area Kitchen Bedroom Bathroom Material Information This property is managed by Belvoir.
Tenure: We have been advised the property is leasehold (Please note the service charge and ground rent are payable by the landlord not tenant). Council Tax: Band C Authority; Newcastle City Council.
For current rates please visit Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property.
Broadband: Follow the link to check broadband providers and speeds; Mobile Phone Coverage: Follow the link to check mobile signal for all networks; Parking: There is no parking available with this property.
We have not been advised of any restrictive Covenants at the outset of marketing.
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 Pandongate House, City Road, Newcastle Upon Tyne, NE1
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