2-bedroom flat · NE8 2ER
To rentReduced £50 (−4.2%) on 16 OctListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3041871. ***Available 15th October*** We welcome to the market this modern two bedroom Duplex (Very rare and sought after in this block) Spacious spread out over two floors.
Open plan living area with a separate downstairs toilet, upstairs has Two double bedrooms one with ensuite and a family bathroom.
The apartment is located within this purpose built residential development on Gateshead side of Newcastle Quayside. Benefits include double glazing, central heating and a parking space.
Summary & Exclusions: - Rent Amount: £1,300.00 per month (£300.00 per week) - Deposit / Bond: £1,300.00 - 2 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 15 October 2026 - Maximum number of tenants is 2 - Students welcome to enquire - Smokers considered - Bills not included - No Parking Available - No Garden Access - EPC Rating: C If calling, please quote reference: 3041871 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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.
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