5-bedroom flat · NE2 1BH
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rent & availability Rent: £120 pppw Beds: 5 beds Move in from: 1 Aug, 2027 Move in by: 1 Aug, 2027 Notice period: at least 2 months' notice, unless agreed in writing between all parties Deposit: £0 pp Bills included:There are no bills included Rental type: Whole property, this listing is to rent the whole 5 bed property.
Description Formerly a public house before an extensive refurbishment, The Globe was converted into 10 spacious apartments suitable for both students and professionals.
This flat comprises of four equally sized bedrooms, finished to a high standard, and large, modern kitchen/living area, making it perfect for socialising.
Residents will be a 10 minute walk from Northumberland Street, the Philip Robinson Library, and the Northumbria City Campus Library!
The Globe is the perfect choice for those wishing to be in a central location, with large rooms, without sacrificing their budget.
All rooms are equipped with a bespoke desk, wardrobe, chair, and double bed. Additionally, the property has a large bathroom, making it easy to share amongst housemates.
Optional All-Inclusive Utilities Package: Just £30.00 pppw What’s Included: - Gas & Electricity - Water Bill - TV Licence - High-Speed Broadband Deposit: No Deposit Option Available (NOPOSIT) – £198 fee on signing.
Alternatively, tenants may choose to pay a traditional deposit equal to 5 weeks’ rent.
This year we have teamed up with Ecolgi, who will help to offset our carbon emissions by planting a tree for each house that signs a bills inclusive package with Loc8me!
- EPC - C - Council Tax Band - B prop-4453 Facilities Central Heating Vacuum Cleaner Washing Machine WiFi Cooker Freezer Fridge Desk & Chair Double Bed
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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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 Barker Street, Newcastle upon Tyne
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