2-bedroom flat · NE1 4DL
Sold STCListed 89 days
Opportunity summary
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About
WONDERFUL OPPORTUNITY TO ACQUIRE THIS SPACIOUS TWO BEDROOM PENTHOUSE APARTMENT WITH BALCONY SITUATED WITHIN THIS MODERN BLOCK LOCATED CENTRALLY WITHIN NEWCASTLE OFFERED WITH NO UPPER CHAIN Brannen & Partners welcome to the market this modern two bedroom, two bathroom, penthouse apartment, perfectly located centrally within Newcastle City centre.
Boasting open plan living, two bedrooms, en-suite shower room, secure allocated parking, use of a lift and a private balcony offering fantastic city views.
Briefly comprising: Secure communal entrance with stairs and a lift to access the top floor. The inviting private hallway leads to all rooms and benefits from built in storage.
The open plan lounge/kitchen/diner provides a sociable space, perfect for entertaining.
Double doors from the lounge area open out to a superb balcony, offering a spacious seating area whilst benefitting from fantastic views over the city.
The kitchen is well equipped with modern wall and base units, integrated appliances include an electric hob, oven, extractor fan, washing machine, dishwasher and fridge/freezer.
There are two bedrooms, both have fitted wardrobes and are filled with natural light with views towards the city. The primary double bedroom benefits from an en-suite shower room.
The main bathroom comprises a bath with shower over, hand basin, W.C. and heated towel rail.
Externally, this property benefits from a private balcony providing a pleasant seating area and offering wonderful open views over the City.
The development is accessed via a secure gated system which leads to the private car park, where there is an allocated parking bay for the property.
Ideally located in the heart of Newcastle City Centre, Citygate is a popular residential development, offering ease of access to a variety of local amenities, shops, cafes and bars.
There are also excellent local transport links such as St James Metro station, bus and road links, all within walking distance.
Secure Communal Entrance - Private Hallway - 3.41 x 1.12 (11'2" x 3'8") - Lounge/Diner - 6.75 x 3.38 (22'1" x 11'1") - Kitchen/Breakfast - 5.27 x 3.10 (17'3" x 10'2") - Bedroom One - 4.23 x 2.75 (13'10" x 9'0") - En-Suite - 2.15 x 1.60 (7'0" x 5'2") - Bedroom Two - 2.96 x 2.38 (9'8" x 7'9") - Bathroom - 2.14 x 1.76 (7'0" x 5'9") - Balcony - 8.75 x 1.68 (28'8" x 5'6") - Externally - Externally, this property benefits from a private balcony providing a pleasant seating area and offering wonderful open views over the City.
The development is accessed via a secure gated system which leads to the private car park, where there is an allocated parking bay for the property. Tenure - Leasehold - 101 years remaining.
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 Bath Lane, Newcastle Upon Tyne
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