2-bedroom house · TS28 5PT
Listing removedListed 141 days
Opportunity summary
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About
Summary Unique Two-Bedroom Mezzanine Home | No Chain Involved Occupying a prime position within the highly regarded development of The Cloisters, Wingate, this exceptional two-bedroom mezzanine home forms part of a sympathetically converted former grammar school, seamlessly blending historic character with contemporary living.
Offered to the market with no onward chain, this distinctive property presents a rare opportunity to acquire a home full of charm, individuality, and architectural interest.
The spacious accommodation is enhanced by impressive period features, high ceilings, and an abundance of natural light, creating a warm and inviting atmosphere throughout.
The accommodation briefly comprises a generous living space, ideal for both relaxing and entertaining, alongside a well-appointed kitchen fitted with a range of units and workspace.
There are two well-proportioned bedrooms, including a spacious master bedroom benefiting from its own en-suite shower room, while the second bedroom provides versatile accommodation suitable for guests, family members, or a home office.
A modern family bathroom completes the layout. Further benefits include gas central heating and UPVC double glazing, ensuring comfort and efficiency all year round.
Externally, the property enjoys the added advantage of a private enclosed rear garden, providing an excellent outdoor space for relaxing, entertaining, or family enjoyment.
To the front, the property benefits from pleasant open views across the former school playing fields, enhancing the sense of space and offering an attractive outlook.
A garage and private driveway provide convenient off-street parking and valuable storage space.
The Cloisters is a popular residential development, ideally situated for access to local amenities, schools, and transport links, making this an attractive proposition for first-time buyers, professionals, downsizers, and investors alike.
Properties of this character and style rarely become available, and early viewing is strongly recommended to fully appreciate the space, charm, and unique setting on offer.
Council Tax Band: B Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 3, The Cloisters, Wingate
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