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See how verdicts work2-bedroom flat · NE1 4BA
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Investment Opportunity**Two Bedroom Apartment**£11,940 Annual Rent** A purpose built fourth floor apartment, spanning in excess of 830 square feet.
Situated within an exciting quarter of the city, the property is located within walking distance of Central Station, Newcastle Helix (Science Central), the Business School, and all City Centre amenities.
With a Communal Entrance and Lift Access, the interior includes a Private Reception Hall, a 23ft Living Room / Dining Room / Kitchen Area, a Main Bedroom with an En-Suite Shower Room, a Second Bedroom and a Bathroom.
The property further benefits from double glazing, electric heating and a parking space nearby. Achieving a rent of £995pcm, the flat generates a gross yield (before service charge payments) of 7.9%.
Material Information - Council Tax Band: D Tenure: Leasehold Lease: 100 Years Remaining Service Charge: £3738 per annum Ground Rent: £350 per annum Management Company: Trinity Parking: Resident Parking
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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
FAQ
About The Bar, St James Gate, Newcastle Upon Tyne, Tyne & Wear, NE1
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