3-bedroom flat
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description **penthouse with balcony & roof terrace area featuring river views** Available for 2 sharers or a couple. This three-bedroom penthouse is available now on a furnished basis.
There is an en-suite bathroom to the generous sized master bedroom, plus additional bathroom.
An excellent location for access to Ouseburn & Quayside areas where local shops and amenities can be found.
Further access to City Centre and Gateshead, plus Hoults Yard making this an ideal property for professionals working within the area.
Lettings You will be required to pay your first month's rent upfront and damage deposit on the day you move into the property, however a proportion of the damage deposit is required upfront to reserve the property and commence the referencing (via a third party).
Further details and disclaimer available on our website.
Council Tax Band: E (Newcastle Upon Tyne) Deposit: £2,200 Holding Deposit: £507.69 Please Note You will be required to pay your first months rent upfront and damage deposit on the day you move into the property, however a proportion of the damage deposit is required upfront to reserve the property and commence the referencing (with a third party).
Further details and disclaimer available on our 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
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FAQ
About 82 Lime Square, City Road, Newcastle upon Tyne
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