2-bedroom flat · NE6 1UL
Listing removedListed 34 days · slow let
Opportunity summary
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About
** TWO BEDROOM APARTMENT IN ST PETERS BASIN WITH PARKING AND MARINA AND RIVER VIEWS ** Located on the Marina front, the apartment offers scenic views while also offering easy access into the City, Available 14th August 2026 on a furnished basis.
The accommodation provides; Entrance hall, two bedrooms, living room, kitchen and bathroom. Please be advised that decoration may differ to current photographs. Energy Efficiency Rating D.
Council Tax Band C. Holding deposit: One weeks rent to reserve, then taken off move in monies. Damage Deposit: Five Weeks Rent.
Entrance Hall Storage cupboard housing hot water cylinder, wall mounted storage heater, entry phone system.
Living Room Double glazed patio doors with Juliet balcony overlooking the marina, electric fireplace feature, television aerial and telephone points.
Kitchen Range of wall and base units with marble effect work surfaces incorporating; stainless steel sink unit with mixer tap, electric oven and hob with extractor fan above, built in washing machine, part tiled walls, breakfast bar area, window overlooking marina, downlights.
Bedroom One Window to rear elevation, downlights. Bedroom Two Window to rear elevation, fitted wardrobes.
Bathroom Panelled bath with shower overhead, WC, pedestal wash hand basin, part tiled walls, tiled flooring, storage cupboard, extractor fan.
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; Newcastle City Council.
For current rates please visit: newcastle.gov.uk/council-tax/council-tax-explained/council-tax-bands 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; broadbandcheck.co.uk Mobile Phone Coverage: Follow the link to check mobile signal for all networks; signalchecker.co.uk Parking: There is parking available with this property.
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 The Moorings, St Lawrence Road, Newcastle Upon Tyne, NE6
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