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See how verdicts work2-bedroom flat · NE7 7RG
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Truly Exceptional Penthouse Apartment, Occupying the Top Floor of the Iconic Wills Building a Grade II listed Art Deco landmark Boasting in Excess of 800Sq ft of Internal Living Accommodation, Fantastic 20ft Dual Aspect Lounge/Diner, Two Good Sized Double Bedrooms, Kitchen, Family Bathroom plus En-Suite Shower Room & Private Garage!
Set within the top floor of the iconic Wills Building, this impressive penthouse apartment forms part of one of Newcastle’s most distinctive and architecturally significant developments.
An enduring Art Deco landmark and Grade II Listed building, Wills Building offers a rare blend of historic grandeur and contemporary luxury.
Originally developed as the regional headquarters of the renowned W.D. & H.O.
Wills tobacco company, and steeped in local history, Wills Building is recognised for its striking design, whilst the development provides an exclusive setting for modern living, with an elevated position affording a unique sense of privacy and prominence.
Entrance Hall - Hallway - Kitchen - 2.62m x 3.00m (8'7" x 9'10") - Measurements taken from the widest points.
Lounge/Dining Room - 6.23m x 6.00m (20'5" x 19'8") - Measurements taken from the widest points. Bedroom - 2.50m x 3.74m (8'2" x 12'3") - Measurements taken from the widest points.
Bedroom - 3.31m x 3.66m (10'10" x 12'0") - Measurements taken from the widest points. En-Suite Shower Room - 1.62m x 2.22m (5'4" x 7'3") - Measurements taken from the widest points.
Bathroom - 2.27m x 2.22m (7'5" x 7'3") - Measurements taken from the widest points. Disclaimer.
- The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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 Wills Oval, Newcastle Upon Tyne, NE7
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