1-bedroom flat · NE2 4AS
No longer listedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Stylish One Bedroom Apartment**Available 2nd December** A purpose built second floor apartment ideally located within walking distance of The rvi, Newcastle City Centre amenities and The green spaces of Leazes Moor.
The property includes a Communal Entrance, a Private Reception Hall with fitted cupboards, a Living Room / Dining Room opening to a sleek fitted Kitchen Area, a marble tiled Shower Room, and a Double Bedroom.
The flat further benefits from double glazing and electric heating. Material Information: Deposit Required: 5 weeks rent Council Tax - A Parking: Unallocated Resident Parking
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 44, Calandra Chase, Spital Tongues
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