2-bedroom flat · NE1 2BJ
Let agreedListed 64 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning 2 bedroom apartment over looking the river Tyne and the quayside. The property has parking to side and a garage.
Benfitting from stunning views of the river Tyne with floor to ceiling lounge windows plus a balcony to front.
The property comprises of:- entrance - Stairway with telecom entry to 2 doors, Rear door with entry code for bins etc lounge - Laminate flooring, stunning views over looking River Tyne and Quayside with floor to ceiling double glazed windows, balcony to front, 2 piece suite, table, shelving unit, dining table and chairs, LCD television, kitchen - Washing machine, built in cooker and hobs, extractor hood, fridge freezer, base and wall units in grey, white/grey speckled laminate worktop, tile effect laminate flooring, electric floor heater, UPVC window to side.
Bedroom 1) - Laminate flooring, oval UPVC window to front, built in wardrobe, electric heater. Bedroom 2) - Laminate flooring, UPVC window to rear, electric heater.
Bathroom/WC - Panelled bath, electric shower over bath, shower screen, low level WC, pedestal washbasin, laminate flooring, electric towel rail, UPVC window to rear, plastic cladding to walls.
Heating - Electric heating Double glazing - Double glazing to timber frames. External - Garage with up and over door, parking to side. Private balcony to front.
Viewing - By appointment with Ron Breen Estate Agents. Payment - £350.00 damage deposit to be paid up front which will be held by the Tenancy Deposit Scheme (TDS).
The 1st months rent of £1,100.00 will be paid on the contract start date Available - 21/09/26 Disclaimer - the above details are believed to be correct but no warranty or representation is given or made as to their accuracy and they shall not form any part of any contract.
Prospective purchasers are advised to check their accuracy as no liability or responsibility can be accepted by either this company or any member of staff in providing this information.
The property is offered subject to contract, all room sizes are from A sonic tape, accuracy cannot be guaranteed.
When owners are considering your offer they will require as much relevant information as possible, in order to obtain this information, you will BA asked to call into the office to discuss the details with A negotiator and to fill in the anti-money laundering forms which are required by law.
All further terms and conditions can be found on terms and conditions page at Ron Breen Estate Agent Website.
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 2, Mariners Wharf, Quayside, Newcastle upon Tyne
Explore nearby