2-bedroom flat · NE1 4DL
To rentListed 4 days
Opportunity summary
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About
**AVAILABLE IMMEDIATELY** **STYLISH PENTHOUSE WITH PRIVATE BALCONY** **STUNNING CITY VIEWS** **BROADBAND INCLUDED** **FURNISHED** A sleek and modern penthouse apartment, boasting bespoke fixtures and fittings throughout, a private balcony, one of only three in the building and a breath-taking view of Newcastle City Centre and beyond.
Situated on the top floor of the Citygate development, this executive residence is rare to the market and not to be missed.
Modernised throughout, the accommodation benefits from secure telephone entry system, well kept communal hallways and lift access to all floors.
The apartment itself briefly comprising of an entrance hallway with a spacious storage cupboard; 22ft open plan reception, lounge area including newly installed TV, laminate flooring, modern fitted kitchen with breakfast bar, integrated appliances, spot-lighting and double doors leading to private balcony.
The master bedroom is a large double with fitted wardrobes, flatscreen TV, double doors out onto the balcony and access to the shower room.
Bedroom two is another comfortable double with great views; plush Jack & Jill style shower room WC, fully tiled with three piece suite and spotlights.
A private South-East facing balcony measuring 35ft, is one of only three in the building, providing an excellent outside space, fully equipped with decked floor and lighting, perfect for those summer evenings and boasts the most impressive views of Newcastle City Centre.
Available to professionals on a furnished basis, with electric heating and double glazed windows throughout.
Available Immediately | £1,750pcm | 682 Sq ft (63.3 m2) | Penthouse Apartment | Two Double Bedrooms | Impressive City Centre Views | Private 35ft Balcony | Open Plan Reception | Modern Fitted Kitchen With Integrated Appliances | Lounge | Plush Shower Room WC | Hallway Storage Cupboard | Lift Access | Elec Heating & DG | Furnished | Superb City Centre Location | Council Tax Band: D | EPC Rating: D
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
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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 Citygate, Bath Lane, Newcastle upon Tyne
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