Studio flat · NE1 6SU
To rentListed 150 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now Perfect for individuals studying and working nearby, this apartment offers its residents high-quality accommodation on the vibrant Quayside and within walking distance to all Newcastle has to offer.
Northumbria University is just a 4-minute walk away while University of Newcastle is 10 minutes away, and for those commuting, the train station is just an 8-minute walk.
This large studio apartment boasts bespoke furniture, sustainable technologies, high-spec appliances, and herringbone floors.
Full of natural light and large windows providing stunning views over the River Tyne and Newcastle city centre, this apartment gives you a luxury living experience outside of the hustle and bustle of the city centre.
This stylish apartment also comes with unlimited, free access to the buildings' community events and mass of on-site facilities.
As a resident of City Co-Living Newcastle, you will have access to many amenities, so whether you fancy hosting a dinner party in a private dining room, relaxing in the coffee lounge, getting some work done in the co-workspace, or working up a sweat in the gym - City Co-Living Newcastle offers you so much more than just an apartment to rent.
A bills package is also included in the rent, covering water, wifi, and electricity. *PLEASE NOTE, images are reflective of the show apartment, so styles and layouts will vary.*
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.
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 City Co-Living Newcastle, Pilgrim Street, Newcastle Upon Tyne, NE1
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