1-bedroom flat · NE1 6SG
Listing removedListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Contemporary 1 bed apartment in the City Centre. Fully furnished to a high standard.
3 mins walk to Northumbria & Newcastle Universities, with the the night life, restaurants and shops of Grey Street, Monument and the famous Newcastle Quayside on your doorstep.
Property Features 1 bed apartment furnished with new contemporary fixtures and fittings All bills included (except Council Tax and TV License) Separate newly fitted kitchen with integrated oven/hob and washer/dryer 42" LCD TV included Double Glazed, Gas Central Heating Serviced apartment block with intercom entry system to each apartment Separate walk in shower room Council Tax Band: A or Exempt (subject to student occupation) Holding Deposit (to reserve the property): £210 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 4b (St Andrews House) 90 Pilgrim Street, City Centre
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