1-bedroom flat · NE4 5SS
No longer listedListed 79 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NEWCASTLE | STUDENT | NE1 Sheares Hall, located at 2 St James Boulevard, Newcastle upon Tyne, NE4 5SS, is a premier student accommodation which opened in 2025.
Strategically positioned near the vibrant Helix quarter, this modern facility offers 350 beds, comprising a mix of studios and cluster flats to suit diverse living preferences.
Residents will benefit from state-of-the-art amenities, including an onsite gym, study rooms, a cinema room, and an external courtyard, all designed to enhance the student living experience by providing spaces to study, relax, and socialize.
The accommodation's prime location ensures easy access to Newcastle University's 24-acre Helix innovation district, Business School, Urban Sciences Building, and INTO Centre, making it an ideal choice for students.
Additionally, the bustling city centre, with its array of shops, restaurants, and entertainment venues, is just a short walk away.
Excellent public transport links, including nearby train and metro stations, facilitate convenient exploration of the wider region.
The Deluxe En-suite offers 17.4m2 of space, giving you more room to feel at home.
Inside, you’ll find a plush bed, a spacious study desk and chair to keep you focused, and a cupboard to store all your belongings. With the en-suite bathroom, you’ll have your privacy and comfort.
The shared kitchen equipped with necessary amenities, is a great place to cook, eat, and socialise with other students. Choose the Deluxe En-suite today!
Skylets are property experts with over 40 years’ experience in rentals and lettings. With a head office based in Newcastle Upon Tyne, we specialise in both professional and student lettings.
We take huge pride in our company and our work and only represent buildings and landlords that have a reputation for excellence.
We are a team of enthusiastic individuals who will go above and beyond – with no fees, flexible viewing times and flexible tenancy lengths.
We work hard to find and deliver exactly what you are looking for. Whether you are thinking of letting your property through Skylets, or renting a property from us, please get in touch.
Let’s see what Skylets can do for you.
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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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 NEWCASTLE | STUDENT | NE1
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