Summary - THE BAR APARTMENT 311 ST JAMES GATE NEWCASTLE UPON TYNE NE1 4BA
1 bed 1 bath Flat
Secure third-floor apartment with balcony and strong rental potential.
Third-floor one-bedroom apartment with private balcony and skyline views
Lift access in a modern, well-maintained block
Leasehold with c.108 years remaining — verify full lease details
Sold at auction; £3,600 administration fee payable on exchange
Electric room heating; check running costs and heating suitability
Located in a busy student area — high rental demand and turnover
Very high local crime level; consider security and insurance costs
Parking available nearby in a multi-storey car park
Set on the third floor of a modern city-centre block, this one-bedroom flat has a private balcony with skyline views and an open-plan living/kitchen. The building includes lift access and off-street parking nearby in a multi-storey car park, making it practical for city renters or professionals.
The property will be sold at auction; interested buyers should note an administration fee of £3,600 (inc. VAT) payable on exchange and any additional disbursements listed in the legal pack. The flat is leasehold with approximately 108 years remaining; confirm exact lease terms and service charges before bidding.
This neighbourhood is a mixed, cosmopolitan student area with fast broadband and excellent public transport. That brings strong rental demand and short-let potential but also higher turnover, nighttime noise and a recorded very high local crime level — factors investors should price in.
The apartment is heated by electric room heaters and uses electricity as the main fuel; there is double glazing and an EPC rating of B. Buyers seeking long-term owner-occupation should consider the electric heating and check communal maintenance records. For investors, the central location and balcony views offer clear lettings appeal, but factor in management and possible refurbishment costs.
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