1-bedroom flat · NE1 3AB
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NEW TO THE MARKET *** **Located on the Quayside ** Available NOW Daniel Craig Residential are proud to offer to the market this one bedroom unfurnished apartment located within Hanover Mill on the Newcastle Quayside.
The apartment briefly comprises of an open plan kitchen/lounge, large double bedroom and a spacious bathroom.
The development is within easy access to the city centre and close to all major road links. Safe cycle routes are accessible and within a stones throw from city centre.
This is a new development with the property having only been lived in for 6 months by the landlord everything within this luxury flat is brand new.
Serviced by a central communal hallway there is a secure video door entry system and burglar alarm. Viewing is essential to appreciate the location!
Important Information Upfront Costs: £1930 Rent: £900 Bond: £1030 Council Tax: Band B (Newcastle City Council)
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.
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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 Hanover Street, Newcastle Upon Tyne
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