1-bedroom flat · NE5 3XW
Listing removedReduced £50 (−6.3%) on 21 JunListed 166 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunters Newcastle are delighted to present this newly refurbished one-bedroom ground floor apartment, ideally situated within a popular residential development in Newcastle Upon Tyne.
Finished to a modern standard throughout, the property benefits from a brand new electric heating system, fresh décor, and newly fitted carpets, making it ready for immediate occupation.
The accommodation briefly comprises an entrance hallway, bright and spacious lounge with large window overlooking communal greenery, modern fitted kitchen with appliances, contemporary shower room with walk-in shower enclosure, and a generously sized double bedroom with fitted wardrobe space.
Externally, the property is set within well-maintained communal grounds and benefits from communal parking.
Conveniently located close to local amenities, shops, supermarkets, and excellent transport links into Newcastle City Centre and surrounding areas.
This property would be Ideal for a single person or couple seeking a modern, low-maintenance home in a convenient location.
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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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 18, St. Just Place, Newcastle Upon Tyne
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