3-bedroom flat · NE1 2DQ
For saleListed 4 days
Opportunity summary
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About
Three bedroom maisonette with an impressive, 25ft open plan living space and a balcony providing views over The Ouseburn Valley!
This stylish home is ideally located on Ouse Street within the popular Lower Steenbergs Yard development, which is situated in the heart of The Ouseburn Valley, Newcastle.
The property is ideally placed close to excellent amenities including shops, cafes and restaurants whilst also being a short walk to The River Tyne, The Tyne Bar, The Free Trade Inn as well as Newcastle Quayside and Newcastle City Centre itself.
The accommodation briefly comprises: entrance hall with stairs to first first floor landing with storage cupboard; three bedrooms, bedroom one with fitted wardrobe storage, an en-suite shower room complete with three piece suite and French doors providing access to an Juliette balcony; bathroom complete with three piece suite.
To the second floor an impressive 25ft open plan living space with dual aspect views and sliding door access to a generous balcony providing open aspect views, kitchen area with a range of fitted units, work surfaces and spot lighting.
With allocated off-street parking, this great property requires an internal inspection.
Stylish Maisonette | 1,096 Sq ft (101.8m2) | Three Bedrooms | Bathroom & En-Suite Shower Room | 25ft Open Plan Living Space | Balcony | Open Aspect Views | Allocated Off-Street Parking | GCH & DG | Leasehold - 994 Years Remaining | Service Charge £2,052 Per Annum | Council Tax Band B | EPC: B
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 Ouse Street, Ouseburn, Newcastle upon Tyne
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