Studio flat · NE4 8UJ
Listing removedListed 241 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on the sought-after Canning Street in Newcastle upon Tyne, this furnished one-bedroom house share offers a comfortable and convenient city lifestyle.
Situated on the ground floor of this well-presented property, the accommodation is thoughtfully arranged to provide both privacy and a welcoming shared environment for residents.
Perfectly suited to professionals, the property’s location places you at the vibrant heart of Newcastle’s West End, with excellent public transport links allowing swift access to the city centre and bustling Quayside.
Canning Street is just minutes from the eclectic energy of Westgate Road, renowned for its independent eateries, vibrant international supermarkets, and buzzing coffee shops, as well as the convenience of larger high street names found close by.
Culture lovers will delight in being within walking distance of Newcastle’s renowned Discovery Museum, while football enthusiasts are close enough to enjoy the excitement at St James’ Park.
Outdoor enthusiasts benefit from the nearby Newcastle West End parklands, perfect for morning jogs or afternoon walks.
The property benefits from Council Tax Band A, offering great value for its excellent location.
A calm, pleasant residential street ensures a peaceful home environment while retaining all the advantages of a thriving urban area.
Long-term and short-term lets can be accommodated, with a minimum contract of twelve months, offering flexibility and security.
Arrange a viewing today to appreciate all the advantages of this fantastic ground floor bedroom in a friendly house share on Canning Street.
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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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 188-190, Canning Street, Newcastle upon Tyne
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