We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE1 4AP
For saleReduced £10k (−10%) on 1 OctListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom flat is offered for sale in Newcastle upon Tyne and is sold as seen with no upper chain, providing a straightforward opportunity for both owner-occupiers and investors.
The property comprises two bedrooms, one reception room, a kitchen and a bathroom. The layout offers defined living, cooking and sleeping spaces suitable for city living.
The flat has an EPC rating of C and falls within Council Tax Band D.
Situated in Newcastle upon Tyne’s NE1 district, the flat benefits from excellent access to the amenities of the city centre, including a wide range of shops, cafés, restaurants and cultural venues.
Newcastle’s Quayside, with its riverside walks and bars, is within convenient reach, as are several gyms and leisure facilities. Public transport connections are strong.
Newcastle Central Station is nearby, offering mainline rail services to London King’s Cross in around 3 hours, Edinburgh in approximately 1.5 hours and Durham in under 20 minutes, along with regional services across the North East.
Local bus routes run frequently through the city centre, linking to suburbs and neighbouring towns.
The Tyne and Wear Metro system, accessible from Central Station, provides rapid links to areas such as Jesmond, Tynemouth and Newcastle International Airport.
The flat’s central position places workplaces, universities and city-centre attractions within easy walking or short commuting distance, making this a practical option for those seeking a well-located two-bedroom flat for sale in Newcastle upon Tyne.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 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
.png)
FAQ
About Apartment 14, Waterloo House, Thornton Street, Newcastle Upon Tyne
Explore nearby