3-bedroom flat · NE1 2AY
Listing removedReduced £40k (−20.5%) on 5 SepListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculate three-bedroom duplex flat is in a sought-after location close to Newcastle Quayside and the city centre, offering convenient access to a wide range of amenities and attractions.
Recently decorated to provide a neutral canvas, the property features an open-plan kitchen and reception room, creating a flexible living and dining space, enhancing the sense of space and practicality.
The flat provides three double bedrooms. The principal bedroom includes an en-suite shower room and built-in wardrobes, while a second double bedroom benefits from a Juliet balcony.
The third double bedroom offers further flexibility for guests, home working, or additional family members.
The 2nd and 3rd bedroom, incorporate a Jack & Jill shower room, enhancing everyday usability for occupants.
Located near Newcastle’s historic Quayside, the property is well placed for riverside walks, bars, restaurants and cultural venues, as well as the wider amenities of Newcastle city centre, including shopping, cafés and leisure facilities.
The area is attractive to both first time buyers and investors.
Public transport links are strong, with Newcastle Central Station approximately 10–15 minutes’ walk away, offering mainline services to London, Edinburgh and other major cities.
The city’s Metro network is also accessible from Central Station, providing connections across Tyneside and to Newcastle International Airport.
Various bus routes operate nearby, connecting to surrounding neighbourhoods. The property has an EPC rating of D and falls within Council Tax Band D.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 403, Pandongate House, City Road, Newcastle Upon Tyne
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