We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · NE1 2BA
Listing removedListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Lime Square – this impressive two-bedroom, two-storey apartment is not to be missed!
Situated within a secure gated complex, the property benefits from a designated parking space and offers stylish, move-in-ready accommodation throughout, making it an ideal purchase for first-time buyers, professionals, or investors alike.
The development also benefits from secure intercom access at both the front gate and the building entrance, providing additional peace of mind for residents.
Upon entering, you are welcomed by a spacious entrance hall which sets the tone for the rest of the home.
To the left is the downstairs bathroom, complete with a bath, toilet, and sink, offering both convenience and practicality.
Straight ahead is the heart of the home – a stunning open-plan kitchen, dining, and lounge area spanning the full width of the property.
The impressive high ceilings create a wonderful feeling of space, while the layout provides the perfect setting for both relaxing and entertaining.
The modern grey kitchen is well-appointed with integrated appliances including a fridge freezer, dishwasher, and oven, creating a sleek and contemporary finish.
Cleverly tucked away in the corner is a useful storage cupboard, currently utilised as a utility area with a washing machine and dryer neatly hidden from view, helping to maximise the living space.
Upstairs, the property continues to impress with two generously sized double bedrooms, both offering ample space for additional furniture and storage.
The modern upstairs bathroom is bright and stylish, while an additional storage cupboard adds further practicality to this thoughtfully designed home.
Combining modern living with a spacious duplex-style layout, this fantastic two-storey apartment offers a rare opportunity to purchase a beautifully presented home in a secure and convenient setting.
Call our West Road office on to arrange a viewing!
Leasehold - 125 Years from January 2004 Service Charge - £2483 per annum Ground Rent - £150 per annum EPC Rating - D Council Tax Band - D -£2540.66 We endeavor to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Log in Sign up for EPC rating: D.
Tenure: Leasehold, Lounge/Kitchen/Dining Room 4.74m x 7.63m (15'7" x 25'0") Bathroom 1.68m x 2.21m (5'6" x 7'3") Bedroom 5.44m x 2.62m (17'10" x 8'7") Bedroom 4.46m x 3.01m (14'8" x 9'11") Bathroom 1.74m x 3.03m (5'9" x 9'11")
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
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 Lime Square, City Centre, Newcastle upon Tyne, NE1
Explore nearby