Property · NE1 1UD
Listing removedListed 212 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Secure Parking Space for Let Parrish View, Newcastle An excellent opportunity to acquire a secure, allocated parking space in the highly sought-after Parrish View development, conveniently located in Newcastle.
Ideal for local residents, commuters, or investors, this well-positioned parking space offers both convenience and peace of mind in a popular residential area where parking is at a premium.
Parrish View is ideally situated for access to local amenities, transport links, and Newcastle's vibrant city centre, making this parking space a practical and valuable investment.
For further information or to arrange a viewing, please get in touch today.
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.
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
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FAQ
About Parking Space, Parrish View Pudding Chare, Newcastle upon Tyne
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