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See how verdicts work2-bedroom flat · NE1 5EJ
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO BEDROOM APARTMENT | PERIOD BUILDING | NEWCASTLE CITY CENTRE | This impressive apartment forms part of the conversion of the stunning Grade II listed Thomas Bewick House, an iconic building originally constructed in 1884 and sympathetically converted in 2006.
Formerly the Port of Tyne headquarters, the building blends striking period architecture with modern contemporary living.
The development is named in tribute to Thomas Bewick (1753–1828), the world-renowned Georgian wood engraver and natural history author, adding a rich cultural and historical significance to an already distinguished address.
Situated in a prime location, the property provides immediate access to Newcastle’s vibrant amenities, transport links, restaurants, and business districts, making it ideal for both owner-occupiers and investors alike.
Energy Efficiency Rating: C. Council Tax Band: C. Entrance Hall Telephone entry system, double door storage cupboard.
Living / Kitchen 6.55m x 5.48m MAX Living Area Two feature windows with secondary glazing, radiator, period internal door leading to cupboard space.
Kitchen Area Range of wall and base units with worktop surfaces incorporating stainless steel single drainer sink unit, tiled splashbacks, integrated appliances to include electric oven and hob with stainless steel extractor above and dishwasher, space for washing machine and fridge freezer.
Bedroom One 6.37m x 3.40m MAX One feature window with secondary glazing, radiator.
Bathroom 2.01m x 1.76m Panel bath with shower over, pedestal wash hand basin, WC, partly tiled walls and flooring, radiator.
Bedroom Two 6.37m x 3.13m One feature window with secondary glazing, radiator. Shower Room - 2.04m x 1.41m Walk in tiled shower cubicle, pedestal wash hand basin, WC, tiled flooring, radiator.
Leasehold Information We have been advised the property is share of freehold, all owners own 1/18 share the freehold and the header lease. We have been advised there is 999 years remaining.
There is a peppercorn ground rent and an approximate service charge of £3839.00 pa (2026). Material Information Council Tax: Band C.
Authority; Newcastle City Council For current rates please visit; Utilities: Mains sewerage, water, and electricity are connected. There is no gas for this property, heated by electric.
Broadband: Follow the link to check broadband providers and speeds; Mobile Phone Coverage: Follow the link to check mobile signal for all networks; Parking: There is no parking available with this apartment.
You would need to instruct your solicitor to review the lease for any restrictive covenants, we have not been advised of any at the outset of marketing.
Please note the lease can be made available upon request.
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 Bewick House, Bewick Street, Newcastle Upon Tyne, NE1
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