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See how verdicts work2-bedroom flat · NE1 4AP
For saleListed 4 daysAuction 24 Nov · in 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Auction Commencing on Monday 23rd November at 1pm and ending 23 hours later on Tuesday 24th November around 11am with Auction House North East Please register to bid via our website - auctionhouse.co.uk/northeast 2 BED APARTMENT WITHIN CITY CENTRE Situated in the heart of Newcastle city centre, this apartment presents an excellent opportunity for both investors and owner-occupiers seeking a property in a highly convenient central location.
The accommodation comprises a reception hallway, open-plan living and kitchen area, bedroom accommodation and a bathroom, offering practical living space suited to a range of buyers.
The property benefits from its central position, with Newcastle's extensive range of shops, restaurants, bars and leisure facilities within easy reach, alongside convenient access to public transport links and the wider city.
The location is particularly appealing to investors looking to capitalise on demand for centrally located accommodation a high potential rental yields.
The property also offers the opportunity for improvement and modernisation throughout which will appeal to cash buyers and investors looking to add value or for an owner-occupier to make their own.
Offering potential to appeal to a range of purchasers, the apartment would be worth consideration by first-time buyers, professionals, landlords, and investors alike.
An opportunity to acquire a city-centre property in an established location. Tenure: See Legal Pack Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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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 Apartment 9, Waterloo House, Thornton Street, Newcastle upon Tyne NE1 4AP
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