Auction
Auction date passed
This lot went to auction on 20 October 2026 (4 days ago) but remains listed. It was still on the portal 2 days ago. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
2-bedroom flat · NE6 5PA
For saleListed 16 daysAuction 20 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 20/10/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A two bedroom first floor flat, benefitting from private access and a private section of rear yard, in need of modernisation, well located for Heaton Park and links to Newcastle City Centre amenities.
Vacant. Description A two bedroom first floor flat. The property benefits from private access and a private rear yard. In need of modernisation. Vacant.
Location Newcastle Upon Tyne is a city in Tyne & Wear. Located on the north side of Mowbray Street.
A range of amenities are available nearby on Heaton Road and Shields Road, with a broader range available in Newcastle city centre (approximately 1.4 miles).
Recreational amenities of City Stadium and Heaton Park are easily accessible. Transport Jesmond - Metro. Manors - Metro / Northern.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 122 Mowbray Street, Newcastle upon Tyne
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