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See how verdicts work2-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Two Bedroom Apartment**Long Lease & Share Of Freehold** 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.
The location is notable, just a short walk from Newcastle Central Station, The Centre For Life, and all city centre amenities.
Occupying a third floor position, this impressive apartment exceeds 1,000 square feet and enjoys tall ceilings and a southerly aspect.
The property includes a grand Communal Entrance providing lift and stair access, a Private Reception Hall with a built-in cupboard, a 22ft Living Room / Dining Room and Kitchen Area, Two Double Bedrooms, a Bathroom, and a Shower Room.
The apartment further benefits from secondary glazing, and central heating.
Material Information - Council Tax Band: Tenure: Leasehold Lease: 997 Years Remaining Service Charge: £3839.00 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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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.
Area
Agent & docs
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FAQ
About Bewick House, Newcastle Upon Tyne
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