2-bedroom flat · NE1 5AG
Let agreedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bradley Hall are delighted to offer to let this two bedroom apartment within Grainger Apartments, situated directly above Grainger Market in the heart of Newcastle city centre, certain to appeal to a variety of tenants.
Arranged over three floors behind secure fob only entry, the property opens into an open plan kitchen and living room, with the kitchen fitted with integrated appliances throughout.
The first floor houses a double bedroom, separate bathroom, and useful storage space, while the third floor offers a loft style bedroom complete with Velux windows, exposed beams, and its own en-suite.
Finished with modern kitchen and bathroom suites and offered fully furnished, this apartment is ready for tenants to move straight in. Council Tax Band - A EPC - C
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 3A Nun Street, Grainger Apartments, Newcastle City Centre, NE1
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