We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE1 4BA
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious lounge/Kitchen | Balcony | Two Double Bedrooms | Two Bathrooms A purpose-built apartment situated within an exciting and rapidly developing area of the city.
The property is conveniently located within walking distance of Newcastle Central Station, Newcastle Helix (Science Central), the Business School and a wide range of City Centre amenities.
Accessed via a communal entrance with lift access, the accommodation briefly comprises a private reception hall, spacious living/dining room with kitchen area, master bedroom with en-suite shower room, second double bedroom and a separate bathroom.
The property is offered with no onward chain and further benefits from a private balcony, double glazing and electric heating.
Note to investors - The property is currently being marketed for rent at £1,100pcm Living room 4.17m x 5.97m French doors leading to balcony, wall mounted panel heater, large windows with aspects int the courtyard.
Open to the kitchen. Kitchen The kitchen area has a range if fitted units with integrated apliances that include, a fridge and freezer, dish washer and washing machine.
There is an electric oven, hob and extractor. Bedroom 3.15m x 5.25m Wall mounted panel heater, a window with wipes to the West and access to an en-suite shower room.
En-Suite Shower Room 1.44m x 1.75m With a white suite and tiled splash backs Bedroom 2 2.15m x 3.76m Wall mounted panel heater, large window with South facing aspect.
Bathroom The bathroom has a fitted white suite and tiled splash backs.
Courtyard Communal central courtyard Balcony Doors from the lounge open onto a balcony with south and wast facing aspects.
Disclaimer The information displayed about this property comprises a property advertisement.
Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content.
This property advertisement does not constitute property particulars. The information is provided and maintained by Angus and Co, Gosforth.
Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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
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 St. James Gate, The Bar St. James Gate, NE1
Explore nearby