2-bedroom flat · NE1 2HW
To rentListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE 20TH NOVEMBER * TWO BEDROOM * FURNISHED * FIRST FLOOR APARTMENT * WATER USAGE INCLUDED IN RENT * PARKING AVAILABLE BY SEPARATE NEGOTIATION * CITY CENTRE * EPC RATING D * COUNCIL TAX BAND A * *Water usage included in rent* Mansons are delighted to bring to the rental market on a furnished basis, this two bedroom apartment located in Tower House in Newcastle City Centre.
The property comprises communal entrance, stairs to the first floor, entrance to the apartment, hallway with an alarm system, living room, fitted kitchen with a range of appliances, two bedrooms with fitted wardrobes and a bathroom.
Other benefits to note are gas fired central heating, double glazed windows and an alarm system. Externally there is secure parking available which can be made available by separate negotiation.
The property rent includes water usage only. The tenant is responsible for setting up sewerage charges directly with Northumbrian Water. COMMUNAL ENTRANCE Stairs leading to the first floor.
ENTRANCE TO THE APARTMENT Hallway with an alarm system, leading to........
LIVING ROOM 4.57m ( 15'0'') x 3.73m ( 12'3'') KITCHEN 5.04m ( 16'7'') x 3.02m ( 9'11'') Fitted with wall and floor units, twin stainless steel sink and drainer unit, integrated gas hob and oven with an extractor canopy above, tiled splash back, fridge freezer, dishwasher and washing machine.
BEDROOM ONC 4.17m ( 13'9'') x 2.74m ( 9'0'') With built-in mirrored wardrobes BEDROOM TWO 3.04m ( 10'0'') x 3.07m ( 10'1'') With built-in mirrored wardrobes BATHROOM White suite comprising bath, hand wash basin, WC, chrome heated towel rail, extractor fan, tiled splashbacks and flooring.
EXTERNALLY Secure parking can be made available by separate negotiation.
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 Tower House, City Centre, Newcastle
Explore nearby
