1-bedroom flat · NE1 6BG
For saleReduced £15k (−15%) on 21 JunListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offers in the Region of £100,000 | No Onward Chain | 7th Floor | Vacant Possession Situated within the popular 55 Degrees North development, this well presented one bedroom apartment enjoys elevated views across Newcastle and is offered for sale with the benefit of no onward chain, making it an ideal purchase for first time buyers, investors or city centre commuters.
The accommodation opens with a welcoming hallway, providing access to a useful storage cupboard. The bathroom is fitted with a bath and overhead shower, complemented by a separate WC.
The heart of the apartment is the generous open plan living area, which incorporates a fitted kitchen with a range of cupboards, integrated appliances, oven and extractor fan.
The space is bright and well proportioned, with large windows offering far reaching city views.
The double bedroom also benefits from elevated views across Newcastle and features built in wardrobes, providing practical storage.
Further benefits include Council Tax Band C, EPC Rating C, approximately 103 years remaining on the lease, and an estimated service charge of £1,100 per annum.
Location 55 Degrees North is ideally positioned in the heart of Newcastle city centre, within close proximity to the Quayside, Central Station and a wide range of shops, bars and restaurants.
Excellent transport links are on hand, along with easy access to major road networks, making this a convenient base for both work and leisure.
Value & comps
No previous sales on record.
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 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 7/2, 55 Degrees, Tyne and Wear
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