2-bedroom flat · NE1 2EQ
To rentReduced £50 (−4.3%) on 24 OctListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastically located 2 bedroom apartment in this popular development. With easy access to the Quayside and city centre, this apartment must be viewed!
Available Now Stylish Two Bedroom Apartment with Parking in the Heart of Newcastle Quayside Situated within the highly sought-after Manor Chare development, this well-presented two bedroom apartment offers modern city living just moments from Newcastle's vibrant Quayside.
Tucked away in a convenient yet peaceful location, residents can enjoy an excellent selection of restaurants, bars and riverside attractions within a short stroll, while a nearby supermarket and excellent transport links provide everyday convenience.
Located on the first floor, the apartment benefits from secure entry, lift access and well-maintained communal areas.
The accommodation opens into a welcoming entrance hall leading to a spacious open-plan living and kitchen area.
The bright lounge is finished with attractive wood-effect flooring and neutral décor, creating a contemporary and comfortable living space.
Patio doors provide direct access to a private residents' courtyard, offering an attractive outdoor area to enjoy.
The modern kitchen is fitted with cream gloss units complemented by contrasting worktops and comes fully equipped with integrated appliances including a fridge freezer, dishwasher, washing machine, oven, hob and extractor hood.
The generous principal bedroom is furnished with a double bed, wardrobe and bedside tables and benefits from a spacious en-suite shower room comprising a large shower enclosure, wash basin and WC.
The second bedroom is another well-proportioned double room, making it ideal for professional sharers, guests or a home office.
Completing the accommodation is a stylish main bathroom fitted with a contemporary white suite and shower over bath, finished with attractive modern tiling.
Further benefits include secure allocated parking, electric heating and an excellent city-centre location close to Newcastle Quayside, the city centre and major transport routes.
Early viewing is highly recommended to appreciate the location, space and quality of accommodation on offer.
Available Now | £1150pcm | 1st Floor Apartment | Two Double Bedroom | Modern Kitchen | Access to Patio | Quayside Location | On Site Parking | Secure Telephone Entry | Council Tax Band D | Furnished | EPC Rating: D | Holding Deposit £265
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
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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
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FAQ
About Manor Chare, Newcastle upon Tyne, Tyne and Wear, NE1
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