Studio flat · NE4 9BR
To rentReduced £50 (−7.1%) on 11 SepListed 157 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available June | £700 per month including the water bill | Hive Estates presents this 1 bedroom self contained apartment situated in the West End.
With easy access to the City for professionals and Universities for students, it has modern fittings and fixtures with neutral decor and timeless white and black kitchen and bathrooms.
Hive Estates presents this 1 bedroom self contained apartment situated in the West End.
With easy access to the City for professionals and Universities for students, it has modern fittings and fixtures with neutral decor and timeless white and black kitchen and bathrooms.
The accommodation comprises of open plan kitchen and living space, with laminate flooring, white gloss kitchen with black tiling and white goods.
There is a stainless steel fitted oven and hob with extractor. Each living room has a faux leather sofa and dining table with two chairs.
There's a timed electric heater and smart meter for easy budgeting. Council tax is offered at a reduced rate too!
Each bedroom has laminate flooring, a wardrobe and drawers and quality sleigh bed with orthopaedic mattress.
There's a shared hallway and entrance with post boxes and outside space at the front and rear of the property.
Each bathroom has black walls, a tiled floor, sink, WC and large shower cubicle with electric shower. There's LED lighting throughout the block too.
There's ample parking available in Fenham and Wingrove Road is a popular road for public transport. Local amenities are a short walk away, including the ever popular Westgate Road.
With a selection of 1 bedroom and studio apartments available at a range of affordable rents.
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 Flat 4, 60, Wingrove Road, Newcastle Upon Tyne
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