1-bedroom flat · NE1 4BP
For saleListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime City Centre Investment Portfolio - Newcastle Upon Tyne A rare opportunity to acquire a fully occupied 7-property portfolio in Newcastle city centre, comprising 11 rooms across high-demand locations.
The portfolio generates a gross annual rental income of £86,520 (before expenses) with a gross yield of 8.9%.
Portfolio Includes: - 3 × 1-bedroom apartments - City Gate, St James' Blvd, NE1 4DL - 1 × 2-bedroom apartment - The Chare, NE1 4DD - 1 × 2-bedroom apartment - The Open, NE1 4DB - 1 × 1-bedroom apartment - The Paintworks, Rutherford St, NE4 5DP - 1 × 3-bedroom apartment - Peel House, Temple Street, NE1 4BP Key Features: - All properties fully occupied with immediate rental income - Prime city centre locations with strong tenant demand - Excellent potential for capital growth - Turnkey investment with diversified property mix - Potential to increase rents to achieve gross yield 10.3% This portfolio offers a high-yield, low-maintenance investment in Newcastle's thriving rental market - ideal for buy-to-let investors seeking income and long-term growth.
*All relevant documentation, including EPCs, tenancy agreements, and safety certificates, is available upon request.* Tenure: Leasehold
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
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 advisors 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 Temple Street, City Centre, Newcastle Upon Tyne, NE1
Explore nearby