1-Bed hmo — Quayside
Quayside, Newcastle upon Tyne (NE1)
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What this sale funds
£500 will be donated to SameYou when this sale legally completes.
The donation comes out of the fee we earn on the sale, not from your purchase price. It is pledged now and paid on completion.
How the donation is calculatedAbout this property
A 1-bedroom hmo in Quayside, Newcastle upon Tyne. The asking price sits below the independent RICS valuation, which is available to review before exchange. Rental figures are estimates based on comparable local lettings, not guarantees.
The numbers
- Independent RICS valuation
£162,500- Asking price
- £125,000
- Difference
- £37,500 (23.08% below the valuation)
- Estimated monthly rent
- £965
- Gross yield
- 9.26%
- Net yield (before voids, management & maintenance)
- 9.26%
- Refurbishment allowance
- £14,000
- Stamp duty (estimate)
- £6,250
Stamp duty shown is an estimate assuming an additional dwelling. It is not tax advice — confirm the figure with your conveyancer.
Net yield deducts service charge and ground rent only. It does not account for void periods, letting or management fees, or maintenance. Rental figures are estimates based on comparable local lettings, not guarantees.
Property details
- Type
- hmo
- Tenure
- Freehold
- Bedrooms
- 1
- Bathrooms
- 1
- Floor area
- 598 sq ft
- EPC rating
- E
- Council tax band
- E
- Tenancy
- Vacant Possession
Condition and letting position
- Offered with vacant possession (Vacant Possession).
- Refurbishment allowance of £14,000 is included in the figures.
- Figures shown are estimates prepared before sale, not a survey. Commission your own survey and legal checks before exchange.
Location
Quayside, Newcastle upon Tyne (NE1)
Capital at risk. Past performance is not indicative of future results. Yield and rental figures are estimates, not guarantees.