2-bedroom flat · NE1 3AB
To rentListed 56 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the sought-after Hanover Mills, this well-presented two-bedroom furnished apartment offers modern city living in the heart of Newcastle upon Tyne located on the 6th floor with an unbelievable view of the River Tyne.
Enjoy the convenience of a ground-floor entrance, with lifts providing easy access in and out of the property, ideal for busy professionals or couples seeking comfort and practicality.
Step inside to discover a bright and generously proportioned living space, thoughtfully furnished for immediate convenience.
The apartment includes a stylish fitted kitchen, two comfortable bedrooms designed for restful nights, and a contemporary bathroom.
With Council Tax Band A, this apartment presents an economical option for city dwellers.
Hanover Mills is located in Newcastle’s vibrant NE1 district, famous for its lively atmosphere and eclectic mix of culture, dining, and entertainment.
Just a short stroll away are the bustling Quayside, celebrated for its scenic riverside views, excellent bars, and world-class restaurants.
The famed baltic Centre for Contemporary Art and the iconic Sage Gateshead are also within easy reach, offering rich cultural experiences and breath-taking architecture.
Commuters will appreciate excellent transport links nearby, with both Newcastle Central Station and the Metro network offering swift access across the city and further afield.
Grocery stores, artisan coffee shops, vibrant nightspots, and leafy parks are all close at hand, ensuring all aspects of urban living are easily catered for.
This versatile apartment is available for both long and short-term lets, and comes fully furnished for total convenience.
For those seeking stylish accommodation in one of the city’s most desirable postcodes, this Hanover Mills address is a must-see.
Arrange a viewing today to experience this exciting opportunity for yourself.
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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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 HM, Hanover Street, Newcastle upon Tyne
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