2-bedroom flat · NE24 3BW
No longer listedReduced £75 (−5.6%) on 19 SepListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within an exclusive waterfront development, this beautifully presented three-storey townhouse offers contemporary coastal living with stylish interiors, spacious accommodation and an impressive private roof terrace enjoying panoramic marina and sea views.
Finished to an exceptional standard throughout, this superb home is ideal for professionals, couples, families or those seeking a luxurious second home.
Arranged over three floors, the property combines modern open-plan living with generous bedroom accommodation and exceptional outdoor space.
The ground floor comprises a welcoming entrance hallway, a contemporary cloakroom/WC and a stunning open-plan kitchen/dining room.
The sleek fitted kitchen benefits from integrated appliances, a breakfast bar, and ample space for dining, with French doors opening onto a private, low-maintenance courtyard garden.
The first floor provides a bright and spacious lounge, beautifully positioned to enjoy attractive marina views and an abundance of natural light.
Also on this floor is a generous double bedroom and a stylish family bathroom finished to a high specification.
The second floor is home to the impressive principal bedroom suite, complete with a contemporary en-suite shower room.
From the landing, stairs lead to the property's standout feature—a spectacular private roof terrace boasting panoramic marina and sea views.
Whether enjoying a morning coffee or evening drinks, this unique outdoor space provides the perfect setting to appreciate the waterfront lifestyle.
Externally, the property also benefits from a private courtyard garden and allocated off-road parking.
Combining modern design, high-quality finishes and an enviable coastal location, this exceptional home presents a rare opportunity to acquire a stylish townhouse in one of the area's most desirable waterfront developments.
EPC rating: B.
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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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 Crest Way, Newcastle upon Tyne, NE24
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