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See how verdicts work2-bedroom flat · NE1 3DW
Listing removedListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Duplex Apartment with Two Double Bedrooms a 26ft Lounge Diner, Allocated Off-Street Parking and No Onward Chain.
This well presented, two bedroom second floor apartment is located within Love Lane, positioned on Newcastle's delightful Quayside.
Ideally located to give access to countless superb restaurants, cafes, a Tesco supermarket and a varied range of cultural activities, the property is also in walking distance to Newcastle City Centre itself.
The accommodation briefly comprises: communal entrance hall with telephone entry system and both lift and stair access to all floors; entrance hall with stairs to first floor; lounge diner with dual aspect windows and view of the Quayside, under-stairs storage cupboard; kitchen with a range of fitted units, work surfaces and some integrated appliances.
The first floor landing gives access to; two bedrooms, bedroom one with dual aspect windows and access to an en-suite shower room; bedroom two, again with dual aspect windows together with fitted storage and measuring almost 18ft; bathroom complete with three piece suite.
With allocated off-street parking, early viewings are advised!
Duplex Apartment | Two Double Bedrooms | 1,035 Sq ft (96.2m2) | 26ft Lounge Diner | Kitchen | Bathroom & En-Suite | Allocated Off-Street Parking | Great Location | No Onward Chain | Council Tax Band | Service Charge £2,231.70 Per Annum | Leasehold - 157 Years Remaining EPC: B
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 Love Lane, Quayside, Newcastle upon Tyne
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