2-bedroom flat · NE6 1BY
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** SPACIOUS TWO BEDROOM APARTMENT ** RIVER VIEWS FROM JULIETTE BALCONIES ** NO UPPER CHAIN ** Cloud Estates are thrilled to welcome to the sales market this two bedroom first floor apartment in Ouseburn Wharf with spectacular views over the River Tyne.
The property will appeal to a wide variety of buyers.
Positioned in a perfect location with easy access to the vibrant City centre of Newcastle with its coffee shops, bars, restaurants as well as theatres and leisure facilities.
Also within walking distance of fantastic walks along the Quayside.
Excellent road links and public transport routes in and around the area make the property ideally situated for those needing to commute for work purposes.This lovely apartment briefly comprises of a communal entrance with security entry system, stairs and lift to all floors and access to the car park.
The apartment itself comprises hallway, open plan living room / kitchen with Juliette balcony offering fabulous views of the River Tyne, Millennium Bridge and Tyne Bridge .
Two double bedrooms, one with a ensuite shower room, family bathroom and storage cupbaords.
The property has secure parking underneath the apartment and on street if required.This apartment would make an ideal purchase for a single person or couple and is perfect for someone who is looking for something they can put their own stamp on.
It also makes an ideal investment opportunity and we highly recommend early viewing.
We would recommend an achievable rental valuation of £1100 upwards Additional Information: We have been advised the building does not meet the height requirements to require an EWS1 Form.
Location - Once known as the cradle of the industrial revolution, recent regeneration has transformed Ouseburn to become Newcastle's cultural quarter and one of the most vibrant creative communities in the North East.
Home to artists, musicians, designers, printmakers, brewers and even sheep, Ouseburn is a thriving community that attracts an eclectic crowd.The property is ideally placed close to these excellent amenities including shops, cafes and restaurants whilst also being a short walk to the River Tyne, The Tyne Bar, The Ship Inn and The Free Trade Inn.
Please contact Liane at CLOUD ESTATES to arrange your viewing.
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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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 OUSEBURN WHARF , St. Lawrence Road, Newcastle Upon Tyne
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