STIRLING HOUSE

Purchase Price + Fees: £155,750

Refurbishments: £371,250

End Valuation: £700,000

Rental Income: £97,800

Net Annual Income: £54,997

Return on Capital Employed: 162.96%

Stirling House, a former pub in Gateshead, was transformed into a mixed-use residential space featuring an 8 bed HMO and 5 two-bedroom apartments.

The project faced unique challenges, including the onset of the COVID pandemic and significant on-site management issues.

Despite these hurdles, the conversion resulted in a highly successful outcome, providing modern living spaces while generating strong financial returns.

Project Overview

Follow along as we guide you through the transformation of Stirling House. From an old, disused pub to a vibrant living space with an eight-bed HMO and five two-bedroom apartments, this project showcases how we overcame numerous challenges, including navigating the COVID pandemic, to deliver a successful commercial-to-residential conversion.

Behind The Scenes

This video takes you behind the scenes of Stirling House's journey from an old pub to a modern residential property. While the conversion faced several obstacles due to the COVID lockdowns, the end result is a stunning transformation that blends historical architecture with contemporary living.

Project Overview

Follow along as we guide you through the transformation of Stirling House. From an old, disused pub to a vibrant living space with an eight-bed HMO and five two-bedroom apartments, this project showcases how we overcame numerous challenges, including navigating the COVID pandemic, to deliver a successful commercial-to-residential conversion.

Behind The Scenes

This video takes you behind the scenes of Stirling House's journey from an old pub to a modern residential property. While the conversion faced several obstacles due to the COVID lockdowns, the end result is a stunning transformation that blends historical architecture with contemporary living.