Spacious riverside three-bed with parking and long lease in central NE1.
- Exceptionally large penthouse: approx. 1,942 sq ft
- Three double bedrooms, two en suites plus family bathroom
- Open-plan living with Quayside views and large windows
- Two allocated off-street parking spaces and lift access
- Long lease (approx. 124 years) and good built-in storage
- Service charge ~£4,751pa and ground rent ~£348pa (noted)
- Local crime level recorded very high; area shows deprivation
- Council Tax Band F — higher ongoing costs
This rare penthouse spans approximately 1,942 sq ft across multiple levels and delivers generous, light-filled living on Newcastle’s Quayside. The apartment offers an impressive open-plan living and dining area with riverside views, a modern fitted kitchen with utility room, and three double bedrooms — two with en suites — suited to both entertaining and comfortable everyday life.
Practical strengths include two allocated off-street parking spaces, lift access, excellent storage and a long lease (about 124 years). The building is modern (constructed c.1996–2002) with mains gas central heating and double glazing, making the home ready to occupy for most buyers with limited immediate works required.
Buyers should consider notable running costs and local context. The annual service charge is approximately £4,751 and ground rent about £348; council tax is in a higher band. The wider area is classified as a cosmopolitan, migrant-commuter neighbourhood with excellent mobile and broadband, but local crime levels are recorded as very high and the immediate area shows signs of deprivation — factors that may affect resale or rental demand for some purchasers.
Overall this is a rare, large Quayside penthouse that suits buyers prioritising space, city views and a prominent riverside address. It will particularly appeal to those wanting a high-spec, low-maintenance home in a central location, while investors and purchasers sensitive to service charges, local crime statistics or area deprivation should weigh those factors carefully.
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