1-bedroom flat · NE1 5EJ
Sold STCReduced £2.5k (−2.1%) on 22 AugListed 293 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Spacious Period Apartment**City Centre Views**No Onward Chain** Dating from 1884, Thomas Bewick House was originally constructed as offices for The Tyne and Wear Improvement Commission, and was later used by The Port of Tyne Authority.
Skilfully reimagined by Ainsworth Spark Architects, this beautiful Grade 2 Listed building was converted to residential use in 2006.
Occupying a fourth floor aspect with westerly city views, this apartment enjoys a grand Communal Entrance, a Private Reception Hall with built-in cupboards, a 19ft Living Room / Dining Room, a Kitchen, a Double Bedroom and a Bathroom.
The apartment further benefits from electric heating and secondary glazing.
Material Information - Council Tax Band: B Tenure: Leasehold Lease: Tbc Service Charge: £3,352 per annum Ground Rent: N/A Management Company: Xenia Estates Parking: None
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About 14, Bewick House, Newcastle upon Tyne
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