2-bedroom flat · NE1 6EG
For saleListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautiful two-bedroom apartment in the heart of Newcastle upon Tyne, set within a Grade II listed building on Grey Street, an area known for its historic architecture and cultural amenities, available with no upper chain.
The property provides one reception room with access to private outside space, creating a rare opportunity for outdoor enjoyment in this central location.
There are two double bedrooms, one of which benefits from an en-suite, along with a second bathroom, and a separate kitchen.
The flat also includes a parking space in Pudding Chare, a valuable feature in the city centre.
Situated in Newcastle city centre, the flat is moments from Grey Street, Grainger Town and the Quayside, offering a wide range of shops, restaurants, cafés and theatres, including the Theatre Royal.
Nearby green spaces such as Leazes Park and Exhibition Park provide opportunities for walking and recreation. Public transport links are excellent.
Monument Metro station is a short walk away, offering services across Tyneside, including to coastal locations such as Tynemouth and South Shields.
Newcastle Central Station is also within walking distance, providing mainline rail connections to Edinburgh and London, with typical journey times of around 1.5 hours and 3 hours respectively.
Local bus services operate extensively from the city centre, giving straightforward access to surrounding neighbourhoods and employment centres.
This centrally located two-bedroom apartment combines historical character, outside space and city-centre convenience, with strong transport and amenity links.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric Broadband: Fibre to premises Mobile Signal Coverage Blackspot: No Parking: Allocated Parking Space mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 17, Central Exchange Building, 93a, Grey Street, Newcastle Upon Tyne
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