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See how verdicts work2-bedroom flat · NE1 6BG
Sold STCReduced £8k (−6%) on 26 OctListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning 2-Bedroom Apartment with Parking – 55 Degrees, Newcastle City Centre Guide Price: £140,000 Tenure: Leasehold Council Tax: Band D EPC Rating: C Key Features: - Two double bedrooms, two bathrooms - Approx.
786 sq.
ft of stylish living space - 7th floor apartment with panoramic city views - Open-plan kitchen/living area with integrated appliances - Master bedroom with dressing area, built-in wardrobes & en-suite - Chain free with vacant possession - Allocated residential parking space - Service charge approx.
£3,600 p.a. | Ground rent £200 p.a. Property Description: Located in the sought-after 55 Degrees development, this spacious two-bedroom, two-bathroom apartment offers modern city living at its finest.
Situated on the 7th floor, the property boasts stunning views across Newcastle City Centre and is ideal for professionals or investors alike.
Upon entering, you are greeted by a welcoming hallway with a built-in storage unit.
To the left, the bright and airy open-plan kitchen and living area provides the perfect space for entertaining, featuring ample storage, integrated units, and a standing fridge freezer.
The hallway leads to a main bathroom complete with bath, overhead shower, and wash basin. Both bedrooms are generously sized doubles, each offering fantastic city views.
The master suite benefits from a dedicated dressing area with built-in wardrobes and a private en-suite featuring a walk-in shower and wash basin.
Additional benefits include chain-free status, vacant possession, and an allocated parking space—a rare find in the city centre.
Location: Perfectly positioned for easy access to Newcastle’s vibrant shopping, dining, and cultural attractions, as well as excellent transport links. Call the office now to arrange your viewing
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 55 Degrees North, Newcastle upon Tyne, Tyne and Wear, NE1
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