2-bedroom flat · NE1 3RJ
Let agreedListed 31 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish First-Floor Apartment with Scenic Tyne and High-Level Bridge Views This modern, high-end top floor apartment offers breathtaking views of the iconic Tyne and High Level Bridge, combining contemporary design with urban convenience.
Perfectly suited for young professionals or anyone seeking a stylish retreat in Newcastle's most desirable location, this property provides the ultimate blend of comfort and lifestyle.
The building is accessed via a secure entry system, offering both lift and stair access.
Upon entering the apartment, a spacious hallway with a secure entry telephone system creates a welcoming atmosphere. The hallway provides access to all rooms and features a practical storage cupboard.
At the heart of the apartment is the open-plan lounge, kitchen, and dining area. This bright and airy space is thoughtfully designed for relaxation and entertaining.
Large windows flood the room with natural light, enhancing its inviting ambiance. Sliding door out onto the balcony. The lounge area is furnished with a comfortable sofa, armchair and coffee table.
The modern fitted kitchen is fully equipped with integrated appliances, including an oven, hob, extractor, fridge/freezer, washer/dryer, and dishwasher.
The contemporary decor and oak wood flooring complete the space, creating a seamless blend of functionality and style.
The generously sized double bedrooms is designed with both comfort and practicality in mind.
It includes a double bed, wardrobe, bedside units, and a set of drawers, providing ample storage without compromising on space.
Neutral carpets, cream walls, and tasteful contemporary decor enhance the room's cozy and inviting atmosphere. Additional features include TV point, and telephone point.
The designer bathroom combines sleek modernity with functionality.
It features a bath with shower over with chrome fixtures and fittings, fully tiled walls and flooring, a large mirror, a heated towel rail, and a shaving point, offering a luxurious and practical space.
Located within easy walking distance of Newcastle's city centre, the vibrant Quayside, and an array of shops, bars, and restaurants, this apartment delivers unparalleled convenience.
Its excellent amenities, scenic views, and prime location make it a perfect choice for those looking to immerse themselves in the city’s vibrant culture while enjoying the comforts of a contemporary home.
Urban Base ta Northwood Tyneside Ltd is a member of The Property Ombudsman Scheme and the Propertymark Client Money Protection Scheme.
Our landlord and tenant fees can be found at the following links Landlord Tenant EPC rating: B.
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 The Close, Quayside, Newcastle upon Tyne, NE1
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