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See how verdicts work3-bedroom detached house · NE15 0DT
For saleListed 497 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Old Library - Rare & Unique Character Home Three Bedrooms | Freehold | Council Tax Band E | Viewing Highly Recommended WPG Sales & Lettings are delighted to present this exceptional and truly unique three-bedroom character property, believed to date back to the early 1900s.
Set within a charming and historic location, The Old Library is steeped in period features and timeless appeal, ideal for those seeking something special.
From its exposed stone walls and original fireplaces to its mezzanine master suite and galleried landing, this property must be seen to be fully appreciated.
Maintained to a high standard, the home offers flexible living space and could suit a variety of purchasers.
Property Highlights * Spacious living room with wood-burning stove * Stunning formal drawing room/dining area (22' square) * Character kitchen with range oven, Belfast sink, and exposed brickwork * Three double bedrooms, including a striking mezzanine master suite * Two bathrooms, including a family bath with freestanding claw-foot tub * Off-street parking via double gates plus additional gravelled area * Attractive period features throughout: latch-handle doors, ceiling beams, window seats Room Breakdown Entrance Hall Access to cloakroom/WC and double doors to inner hallway.
Cloakroom/WC Wall-mounted basin, low-level WC, radiator, extractor fan. Inner Hallway Light-filled with stone wall features, window seats, and access to main living areas.
Breakfasting Kitchen Characterful and stylish with wood flooring, cream units, range oven on brick plinth, Belfast sink, Valiant boiler, and exposed stonework.
Living Room / Drawing Room Impressive main reception space with exposed beams, three radiators, French doors to garden, built-in study nook, and stairs to: Galleried Landing Feature wood panelling, Velux window, and storage cupboard.
Master Mezzanine Bedroom Dramatic elevated position over the drawing room, with fireplace and stone feature wall.
Bedroom Two & Bedroom Three Family Bathroom Beautifully styled with a freestanding bath, high-level WC, Charlotte basin, and LED lighting.
Externally * Off-street parking for one vehicle via secure double gate * Additional gravelled parking area * Access to storage and rear pathway * Footpath leading to front door Material Information * Tenure: Freehold * Council Tax Band: E (Newcastle City Council) * Utilities: Mains gas, water, electricity, and sewerage * Broadband Availability: [Check Here] * Mobile Coverage: [Check Signal] Additional Notes * Appliances and services have not been tested by WPG Sales & Lettings.
* Title deed available upon request - we recommend legal review of any restrictive covenants.
_ Important Notice to Purchasers Every effort has been made to ensure the accuracy of these particulars, however, they do not form part of any contract.
Services, systems, and appliances mentioned have not been tested. All measurements, floorplans, and layouts should be independently verified.
To Arrange a Viewing or Submit an Offer All offers must be supported with: * Mortgage Agreement in Principle (if applicable) * Proof of deposit or full funds * Full chain details and solicitor contact information Please note: In accordance with Money Laundering Regulations, all prospective buyers will be required to provide proof of identity before an offer can be accepted.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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

FAQ
About The Old Library, The Towne Gate, Newcastle Upon Tyne, NE15
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