1-bedroom flat · NE15 6RZ
Listing removedListed 81 daysAuction 18 Aug · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 18/08/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A one bedroom fifth floor flat, forming part of a purpose built block, in need of modernisation, well located for the amenities of Adelaide terrace and links to Newcastle City Centre. Vacant.
Description A one bedroom fifth floor flat. The property forms part of a purpose built block. In need of modernisation. Vacant.
Location Located in the Benwell area of Newcastle upon Tyne, situated west of the city centre.
Local convenience stores are closeby and the expansive MetroCentre is approximately 1km away across the river.
Hodgkin Park is easily accessible and the Benwell Nature Park is also nearby, both offering peaceful retreats. The area is served by transport links via Newcastle station and Metrocentre.
Transport St James - yel. Newcastle - CrossCountry, lner, Transpennine Express, lumo, northern. Accommodation Fifth Floor - Entrance Hallway, Reception Room, Kitchen, Bedroom, Bathroom/WC.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Flat 86 Benwell Close, Newcastle Upon Tyne
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