2-bedroom flat · NE1 3RF
No longer listedListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom, two bathroom apartment is located on the Quayside and is available now on a furnished basis.
Perfectly placed for Quayside living, this stylish two bedroom apartment at Merchants Quay offers modern comfort in one of Newcastle’s most desirable riverside locations.
The entrance hallway leads into a bright and spacious open plan lounge and dining area — an ideal space for relaxing, entertaining or working from home.
The room is tastefully furnished with a three piece sofa, armchair, coffee table, TV stand with television, and a dining table with chairs, creating a readymade home from the moment you step inside.
The contemporary kitchen is fully equipped with a built-in fridge/freezer, dishwasher, oven and hob, making everyday living both convenient and enjoyable.
Both bedrooms are generously sized and come complete with freestanding wardrobes, double beds, bedside tables and chests of drawers.
The master bedroom benefits from its own ensuite shower room, while the main bathroom is fully tiled and features a modern three piece suite with a shower over the bath.
What truly sets this property apart is its location. Step outside and you’re moments from the Quayside’s cafés, bars, restaurants, riverside walks and weekend markets.
The City Centre is just a short stroll away, placing workplaces, transport links, gyms and nightlife all within easy reach — ideal for those who want to live at the heart of Newcastle’s energy and convenience.
Available now on a furnished basis, this apartment offers the perfect blend of style, comfort and unbeatable urban living.
Available Now | £1000 pcm | Two Double Bedrooms | Spacious Room Sizes | 602 Sq.
ft | Quayside Location | Ensuite Shower Room | Modern Kitchen | Furnished | EPC Rating: C | Council Tax Band D | Holding Deposit £250 | Standard Broadband 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 Merchants Quay, 46-54 Close, Newcastle Upon Tyne, NE1
Explore nearby
