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See how verdicts work2-bedroom terraced house · NE1 2AR
Sold STCListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Central Ouseburn**Three Storey Warehouse Conversion**Unique Live / Work Space Opportunity** Dating from the mid nineteenth century, this fine Grade 2 listed former mill and warehouse is superbly positioned within the heart of The Ouseburn.
Located just off Lime Street and tucked away on a charming cobbled lane, the property enjoys a delightful water-front position.
Skilfully reimagined and remodelled, the result is a series of light-filled and highly engaging interior spaces that cleverly bring together contemporary finishes and the texture of the building’s original fabric.
Voted one of the ten best places to live in the north and north-east of England (Sunday Times) The Ouseburn is a vibrant creative hub, offering family friendly activities (Ouseburn City Farm and Seven Stories) and arguably some of the best pubs and restaurants in the city.
Suitable for use as a large home or a combined studio and home, the property enjoys a Private Patio and Entrance, a Ground Floor Studio or Second Bedroom, a Shower Room and a Utility.
The first floor is of particularly note, containing a voluminous open-plan Living Room / Dining Room (overlooking the grounds of The City Farm and the arches of the three Ouseburn bridges), and a Kitchen .
The Second Floor includes a Mezzanine Double Bedroom with river views, and a Bathroom.
Enjoying permit parking, double glazing and gas central heating, viewing of this rare city home is highly recommended.
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.
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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
Agent & docs
FAQ
About Byker Pier, Ouseburn, Newcastle Upon Tyne, NE1
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