2-bedroom flat · NE6 1TW
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
St Peter’s Wharf, Newcastle upon Tyne Occupying a sought-after riverside position within the popular St Peter’s Wharf development, this spacious two-bedroom apartment offers approximately 1,061 sq.
Ft. Of well-appointed accommodation and is currently operated as a successful holiday let, making it an attractive proposition for both investors and owner-occupiers alike.
One of the standout features of this apartment is its enviable gable-end position within the development.
Benefitting from additional side windows, the property enjoys a significantly greater amount of natural light than many neighbouring apartments, creating a bright and airy living environment throughout.
The positioning also provides the opportunity to enjoy both stunning sunrises and sunsets. The property is accessed via a welcoming entrance hall which provides access to all principal rooms.
At the heart of the home is an impressive lounge/dining room measuring over 24ft in length, offering a fantastic space for relaxing and entertaining, with direct access to a private balcony.
A separate fitted kitchen provides ample worktop and storage space. There are two generously sized double bedrooms, with the principal bedroom benefiting from an en-suite bathroom.
A modern shower room serves the second bedroom and guests, enhancing the practicality of the layout.
The apartment is further enhanced by the inclusion of a garage, a highly desirable feature within the development.
The property has previously been successfully let on an assured tenancy, generating rental income of approximately £1,000 per calendar month (exclusive of service charges and other outgoings), whilst more recently operating as a successful holiday let.
For those seeking a turnkey opportunity, the apartment can also be made available fully furnished, subject to negotiation.
St Peter’s Wharf is ideally positioned close to Newcastle city centre, the vibrant Quayside and a range of local amenities, transport links, bars and restaurants.
The development is particularly popular with professionals, investors and those seeking a convenient riverside lifestyle. Property Features Spacious two-bedroom gable-end apartment Approx. 1,061 sq.
Ft.
Of accommodation Additional side windows providing exceptional natural light Beautiful sunrise and sunset aspects Large lounge/dining room with balcony access Separate fitted kitchen Principal bedroom with en-suite bathroom Additional shower room Private garage Currently utilised as a successful holiday let Previously let at approximately £1,000 pcm Available fully furnished, subject to negotiation Popular riverside development Excellent access to Newcastle city centre and Quayside EPC Rating C Council Tax Band D Tenure: Leasehold (details to be confirmed) EPC Rating: C Council Tax Band: D
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
FAQ
About 1, St. Peters Wharf, Tyne and Wear
Explore nearby