1-bedroom flat · NE2 4LL
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**AVAILABLE IMMEDIATELY** **NEWLY REFURBISHED** **FURNISHED OR UNFURNISHED** **ONE BEDROOM APARTMENT** With superb views towards Leazes Park, this newly refurbished second floor conversion apartment is ideally located on Belle Grove Terrace, Spital Tongues.
Close to Newcastle University and the Newcastle Hospitals is perfectly placed to give access to the surrounding greenery and indeed Newcastle City Centre itself.
Boasting a newly fitted shower room, wood flooring, electric radiators & redecorated throughout. A great property, ideal for a single occupant or professional couple alike.
Available on either a furnished or unfurnished basis; the accommodation briefly comprises; communal entrance with stairs to second floor; open plan reception with a south East view over Leazes Park, open to a modern fitted kitchen with appliances, tiled splash backs and newly installed worktop; store cupboard housing tumble dryer; double bedroom to the rear which also benefits from a newly fitted shower room WC.
With shared on-site parking spaces and further permit parking available to the front, this great apartment demands an early internal inspection.
Available Immediately | £995pcm | 2nd Floor Conversion Apartment | 359 Sq ft (33.3m2) | One Double Bedroom | Open Plan Reception/ Kitchen | Store Cupboard | Newly Installed Shower Room WC | Redecorated Throughout | New Wood Flooring Throughout | New Electric Radiators | Open Aspect Views | Excellent Location | Furnished/Unfurnished | Elec Heating & DG | Shared Parking | On Street Permit Parking | Council Tax Band: A | EPC Rating: E
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Belle Grove Terrace, Spital Tongues, Newcastle upon Tyne
Explore nearby