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See how verdicts work2-bedroom flat · NE1 4AP
For saleReduced £10k (−5.7%) on 3 SepListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East is delighted to present this stunning two-bedroom, two-bathroom mid-floor apartment, ideally positioned in the heart of Newcastle upon Tyne city centre.
This superb apartment is less than a minute walk from an array of shops, restaurants and amenities.
Excellent transport links are close at hand, including Newcastle Central Station and Newcastle Coach Station, as well as multiple bus routes, making commuting and travel across the region effortless.Offering stylish interiors and a prime location, this home is perfectly suited to those seeking modern city living.
Recently renovated throughout, the apartment boasts a contemporary finish with a sleek kitchen and beautifully appointed bathrooms.
The spacious open-plan living and kitchen area provides an inviting setting for both relaxing and entertaining, while the kitchen features an excellent range of wall and base units complemented by generous worktop space.
The property comprises two double bedrooms, including a principal bedroom complete with a built-in cupboard and en-suite shower room.
A modern main bathroom serves the second bedroom and guests, fitted with a bath and overhead shower, hand basin and W.C.
Underground parking for one vehicle further enhances the convenience of this exceptional home.
Living Room (4.72 x 5.18 (15'5" x 16'11")) Kitchen (2.89 x 1.98 (9'5" x 6'5")) Bedroom One (3.87 x 3.21 (12'8" x 10'6")) En Suite (2.37 x 1.53 (7'9" x 5'0")) Bedroom Two (3.55 x 2.69 (11'7" x 8'9")) Bathroom (2.43 x 1.89 (7'11" x 6'2"))
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Apartment 11, Waterloo House, Thornton Street, Newcastle Upon Tyne
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