2-bedroom maisonette · NE1 4LE
Listing removedListed 301 days
Opportunity summary
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About
With no onward chain! This delightful two bedroom maisonette occupies the first and second floor of this imposing Grade II listed conversion. Centrally located on St.
Thomas Street in Newcastle City Centre, the property is placed only a stone's throw from both the Royal Victoria Infirmary and Newcastle University, as well as being walking distance the beautiful Leazes Park and a wealth of city centre amenities!
Well presented throughout, the accommodation briefly comprises; communal entrance hall accessed via a telephone entry system; private entrance hallway with stairs to the first floor landing; impressive 24ft lounge diner, with dual aspect, wood flooring and period features; modern kitchen with tiled flooring and appliances; shower room WC; bedroom/study with pleasant outlook and store cupboard; second floor landing with skylights leading to a the master bedroom with duel aspect windows; bathroom WC with tiled flooring and separate store cupboard.
Externally, on street permit parking available to the front. Offered to the market with no onward chain, early viewings are advised!
1st & 2nd Floor Georgian Maisonette Conversion | Grade II Listed | 1,302 Sq ft (121m2) | Two Double Bedrooms | Lounge Diner with Dual Aspect | Kitchen | Newly Fitted Shower Room | 2nd Floor Bathroom WC | Close to RVI and Newcastle University | Excellent Location | Period Features | On Street Permit Parking | GCH | No Onward Chain | Lease Length 142 Years Remaining | Service Charge - £1,736.01 Per Annum | Council Tax Band: C EPC:E
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 St. Thomas Street, Newcastle upon Tyne
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