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See how verdicts work2-bedroom flat · NE4 7DX
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates welcomes to the market this well-presented two-bedroom apartment, situated on the eighth floor of a high-rise development, enjoying stunning panoramic views across Newcastle City Centre and the River Tyne.
Offering bright and spacious accommodation with a contemporary feel throughout, this property is ideal for first-time buyers or those seeking convenient city living.
The apartment features a generous lounge, filled with natural light from the large windows which showcase impressive, far-reaching views across the city centre skyline and River Tyne.
The kitchen is fitted with a range of cream wall and base units, complemented by grey worktops, providing a practical and inviting space with plenty of natural light.
The property benefits from two bedrooms, with the spacious principal bedroom featuring fitted wardrobes, ample room for furnishings and elevated views across the surrounding area.
A modern bathroom completes the accommodation, featuring neutral tiling, a bath with overhead shower, wash basin and WC.
Located just off Scotswood Road, the apartment is ideally positioned for easy access to Newcastle City Centre, with a variety of local shops, amenities and excellent transport links nearby.
Combining spacious accommodation, a convenient location and impressive views across Newcastle's city centre skyline and the River Tyne, this apartment presents a fantastic opportunity for first-time buyers and those looking to enjoy city living.
Lounge (3.5 x 4.52 (11'5" x 14'9")) Kitchen (2.37 x 2.66 (7'9" x 8'8")) Bedroom (2.66 x 4.52 (8'8" x 14'9")) Bedroom (2.48 x 4.52 (8'1" x 14'9")) Bathroom (1.98 x 1.66 (6'5" x 5'5"))
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
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FAQ
About Flat 47, The Cedars, Park Road, Newcastle Upon Tyne
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