2-bedroom flat · NE8 2ER
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR APARTMENT | FURNISHED | AVAILABLE IMMEDIATELY | Modern two bedroom property adjacent to the Hilton Hotel, within walking distance of Newcastle City Centre.
Entrance hall, open plan living/dining/kitchen, two bedrooms, ensuite shower room and bathroom. Further benefits include; Electric heating, double glazing and parking. Energy Efficiency Rating C.
Council Tax Band C. Holding Deposit: One weeks rent to reserve, then taken off move in monies. Damage Deposit: Five Weeks Rent. Entrance Hall Night storage heater.
Living Area Two double glazed windows, night storage heater, wall mounted electric heater, spot lighting, and telephone entry system.
Kitchen Area: Range of wall and base units with worktop surfaces incorporating sink unit with mixer tap, integrated electric oven and hob with extractor fan above, fridge and freezer and washing machine.
Bedroom One Double glazed window, wall mounted electric heater, spot lighting, and tiled splash back.
Ensuite Shower Room Shower in tiled cubicle, pedestal wash basin with mixer tap, WC, tiled splashbacks, tiled flooring, wall mounted electric heater, and electric shaver point.
Bedroom Two Double glazed window, wall mounted electric heater, and spot lighting.
Bathroom Panel bath with hand held shower, wash hand basin with mixer tap, WC, part tiled walls, wall mounted, electric heater, electric shaver point.
Material Information This property is managed by Living Spaces.
Tenure: We have been advised the property is leasehold (Please note the service charge and ground rent are payable by the landlord not tenant). Council Tax: Band C.
Authority; Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property. Heating is via electric heating.
Broadband: Follow the link to check broadband providers and speeds; Mobile Phone Coverage: Follow the link to check mobile signal for all networks; Parking is available using any available bay in garage, fob access.
We have not been advised of any restrictive Covenants at the outset of marketing.
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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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 Curzon Place, Gateshead, NE8
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