2-bedroom flat · NE1 4DB
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: EB1494 Available from 16/12/2026.
This immaculately fully furnished two-bedroom flat is to let in a prime city centre location in Newcastle upon Tyne, 5 minute walk to both Newcastle University and Northumbria University, making it particularly suitable for students seeking university accommodation.
Situated on the ground floor, the property features an open-plan layout incorporating the kitchen and reception room.
The reception area benefits from large windows and wood floors, providing a bright, practical living and study space.
The kitchen is integrated into this open-plan arrangement, offering convenient everyday functionality. Both bedrooms are doubles, providing comfortable sleeping and study areas.
The bathroom includes a free-standing bath and heated towel rail, adding a modern, practical finish.
The flat’s location places it very close to the city centre, with convenient access to shops, cafés, restaurants and amenities.
Eldon Square and Northumberland Street are within easy reach, offering a wide range of retail and dining options.
Nearby green spaces such as Leazes Park and the Town Moor provide pleasant outdoor areas for walking and recreation.
Public transport connections are strong, with Newcastle Central Station accessible from the city centre, offering rail services to Edinburgh, Durham, York and London, with London journey times typically around three hours.
Local Metro services from nearby city centre stations connect across Tyneside, including the coast and Newcastle International Airport. Additional information includes Council Tax Band B.
This flat offers a well-located, practical base in the heart of Newcastle. Deposit replacement option available.
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
FAQ
About The Open, Newcastle Upon Tyne, NE1 4DB
Explore nearby
