1-bedroom flat · NE2 4AS
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Now - Rent £795pcm - 1 Bedroom Top Floor Apartment - Available on a Furnished Basis - On Street Permit Parking - Close to Newcastle City Centre - Desirable Location - EPC Rating: C - Call Today Nestled in the charming area of Spital Tongues, Morpeth Street presents a delightful opportunity to acquire a one-bedroom country home.
Spanning an efficient 398 square feet, this property is perfect for individuals or couples seeking a tranquil retreat within easy reach of urban amenities.
The home boasts a warm and inviting atmosphere, ideal for relaxation after a busy day. Its compact design maximises space, ensuring that every corner is utilised effectively.
The bedroom offers a peaceful sanctuary, while the living areas provide a comfortable setting for both entertaining guests and enjoying quiet evenings in.
Situated in a picturesque neighbourhood, this property benefits from the serene surroundings typical of a country home, yet remains conveniently close to the vibrant city life.
Residents can enjoy the best of both worlds, with local shops, parks, and transport links just a stone's throw away.
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.
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 Morpeth Street, Spital Tongues, NE2
Explore nearby
