1-bedroom flat · NE1 2AY
To rentListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SPACIOUS 2ND FLOOR APARTMENT,GREAT CITY CENTRE LOCATION, DOUBLE BEDROOM WITH FITTED WARDROBE, OPEN PLAN LOUNGE/DINING KITCHEN BATHROOM WITH 3 PIECE SUITE & SHOWER OVER BATH.
An impressive 2nd floor apartment, in the popular development of Pandon Gate House, conveniently located near to the City Centre Amenities and within walking distance of Newcastle`s Quayside.
The accommodation comprises of spacious entrance hall leading to double bedroom with fitted wardrobes. Bathroom with 3 piece suite and shower over the bath.
Open plan lounge/dining kitchen, with original brick feature wall and overlooking out towards the Quayside. Modern fitted kitchen with fridge freezer, dishwasher oven and hob and washing machine.
The property is accessed by a secure communal entrance and can be accessed via the lift or stairs. EPC rating: C.
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 City Road, Newcastle Upon Tyne, NE1
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