6-bedroom flat · NE2 1UY
To rentReduced £1 (−0.1%) on 7 OctListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This flat is a spacious 6-bedroom flat moments away from Northumbria University campus, and right in the heart of Newcastles most popular student residential areas.
Each bedroom is a good sized double, with plenty of storage, a desk and desk chair. Communal spaces are spacious, with large living room with sofas and flat screen TV, and a modern kitchen.
The flat is fully furnished with modern appliances.
What's Nearby?· Nearest Supermarket: Sainsbury's Local in the same building!· Nearest Lidl: 14 minutes (4 minutes on foot, 10 minutes on the number 22 bus from Newcastle Manors)· Nearest Gym: Sport Central (5 minutes on foot), or PureGym (15 minutes on foot, or 10 minutes on the Metro Yellow line)· Nearest Student Pub: The Newbridge Neighbourhood Bar (1 minutes on foot), or the Tanners Arms (6 minutes on foot)· Nearest Student Bar: The Cluny (11 minutes on foot)· Nearest 5 Star Brunch Spot / Café: The Biscuit Factory (5 minutes on foot) Wifi service includes 350Mb wired base speed and connectivity for up to 20 devices.
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 1, Falconar Street, Newcastle
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