4-bedroom flat · NE1 4BD
Listing removedListed 124 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2940993. We are delighted to offer this well-presented 4-bedroom apartment situated at Rehearsal Room, Newcastle upon Tyne, NE1.
This property holds a valid HMO licence, making it an ideal choice for groups of students or professionals looking for comfortable, shared living in the heart of the city.
The apartment is offered on a fully furnished basis, meaning it is ready for you to move in with ease.
The living space is thoughtfully arranged and includes two modern bathrooms, ensuring convenience for all residents.
The kitchen is fully equipped, providing a practical space for cooking and daily life. Living here places you in an unbeatable location.
You are within easy reach of the vibrant city centre, which offers a wide array of shopping, dining, and entertainment options.
The surrounding area is rich with history and culture, and you are positioned right next to some of Newcastle's most iconic theatre venues.
Transportation links are excellent, making this an extremely convenient place to live.
You have easy access to public transport, including the local bus network and the Metro, which connects you quickly to the wider Tyne and Wear area.
Whether you are commuting to university or travelling to work, getting around the city and beyond is straightforward.
Local amenities are abundant, with numerous supermarkets, cafes, restaurants, and leisure facilities just a short walk away.
This apartment combines a central location with functional living space, making it a fantastic opportunity for anyone wanting to be in the middle of everything Newcastle has to offer.
We invite you to get in touch to arrange a viewing and see this impressive property for yourself.
Summary & Exclusions: - Rent Amount: £1,738.00 per month (£401.08 per week) - Deposit / Bond: £1,738.00 - 4 Bedrooms - 2 Bathrooms - Property comes furnished - Available to move in from 21 July 2026 - Maximum number of tenants is 4 - Students welcome to enquire - No Smokers - Bills not included - No Parking Available - No Garden Access - EPC Rating: E If calling, please quote reference: 2940993 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Property Reference two million nine hundred and forty thousand nine hundred and ninety-three
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Apt Rehearsal Rooms, Westgate Road, Newcastle Upon Tyne
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