3-bedroom flat · NE1 8JN
To rentListed 357 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover premium city living with this newly refurbished 3-bedroom, 2-bathroom apartment on Ridley Place!
Finished to an exceptional standard, this spacious property offers modern design, stylish interiors, and ultimate comfort right in the heart of Newcastle City Centre.
Perfectly located just a short walk from both universities and only minutes from Haymarket Metro Station, residents can enjoy unbeatable access to the city?s best shops, caf?s, bars, and amenities.
Each bedroom comes fully furnished to a high standard, complemented by laminate flooring throughout and a bright, open-plan living area.
The kitchen is fitted with high-spec units and integrated appliances, and both bathrooms feature contemporary finishes with modern showers and fittings.
Perfect for students or young professionals, this apartment combines style, space, and convenience for effortless city-centre living.
Please note: Photos are for marketing purposes only and are intended to show the quality and features of the development, not the exact apartment.
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.
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