3-bedroom house · NE1 3HB
Listing removedReduced £60k (−22.2%) on 21 JunListed 301 days
Opportunity summary
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About
This three-bedroom property is for sale in a sought after modern residential development tucked behind Newcastle’s vibrant Quayside.
Arranged over three floors and presented in good condition, it offers flexible accommodation suited to families, first time buyers and investors.
The ground floor features a separate WC and spacious hallway all connected by a distinctive spiral staircase serving each level.
On the first floor, an open plan lounge and dining area benefits from large windows and feature glazing, creating a bright living and entertaining space and access to a fitted kitchen with good natural light, together with a family bathroom incorporating a ‘P’ shaped bath.
The upper floors provide three double bedrooms, including a main bedroom with en-suite, which has been refurbished to provide a modern suite.
The property has an EPC rating of C and falls within Council Tax band D. Security entry gates provide controlled access to the development. There is also garage providing off street parking.
The location places Newcastle Quayside on the doorstep, with its riverside walks, cafés, bars and restaurants, and easy access to Newcastle city centre amenities, theatres and shopping areas.
Public transport links are convenient, with Newcastle Central Station approximately 15–20 minutes’ walk away, offering mainline rail services to Edinburgh, London and other regional centres.
Local bus routes from the city centre provide connections across Tyneside, and there are popular cycling routes along the River Tyne.
Schools, supermarkets and everyday services are accessible within a short distance, making this property well placed for both daily commuting and leisure.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: Garage / On Street / Permit mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any
Value & comps
No previous sales on record.
Returns
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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 5, Blue Anchor Court, Newcastle Upon Tyne
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