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See how verdicts work2-bedroom flat · NE6 1TY
Listing removedListed 481 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the highly sought-after and tranquil development of St Peter's Basin, this well-presented upper apartment at The Ropery offers an exceptional opportunity to enjoy waterside living with stunning views across the marina and River Tyne.
Situated in a peaceful cul-de-sac, this property combines scenic surroundings with easy access to the city centre, making it ideal for professionals, downsizers, or those simply looking for a quiet retreat close to Newcastle's vibrant amenities.
St Peter's Basin is one of Newcastle's hidden gems a quiet, marina-side residential community nestled along the banks of the River Tyne.
Known for its peaceful atmosphere, attractive walks, and scenic river views, it offers a rare combination of calm surroundings and city convenience.
Residents enjoy a waterside lifestyle with a number of charming features including a private marina, riverside paths, and green open spaces.
The area is home to The Staiths Café and The Merchants Tavern, both popular with locals for brunch and drinks by the water.
Despite its peaceful setting, the location offers excellent transport links—with quick access to the A167, A19 and central Newcastle via road, or by foot/cycle along the Quayside.
Public transport links are close by, and the area is well connected to both Newcastle's city centre and the Ouseburn cultural quarter, with its lively bars, creative spaces, and independent eateries.
The apartment features a spacious lounge with a balcony providing the perfect spot to relax and take in the tranquil views over the marina and River Tyne, as well as filling the space with natural light.
A modern kitchen with integrated appliances, two generous double bedrooms with stunning views from the main bedroom and both benefitting from built in wardrobes, and a well-appointed bathroom complete the layout, offering comfort and practicality throughout.
The property also benefits from resident parking and well-maintained communal grounds. Leasehold - 154 years remaining Ground Rent - £30pa
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
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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 The Ropery, Newcastle upon Tyne, Tyne and Wear, NE6
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