Ideal for buy-to-let purchasers seeking central location and period character.
Grade II listed Georgian building with high ceilings and large windows
Set within a Grade II listed Georgian building, this two-bedroom apartment offers period proportions and high ceilings in the heart of Newcastle city centre. At about 565 sq ft the accommodation is compact but benefits from large windows and original character features, making it a straightforward let or a city-base for buyers wanting central living.
This is a leasehold sale with 86 years remaining and the property will be sold at an unconditional online auction. Buyers should note the listed status — any alterations will be restricted and may complicate refurbishment plans. Heating is by electric room heaters and walls are assumed to lack insulation, which, together with an EPC rating of D, suggests running costs above newer stock.
The apartment is best suited to investors or purchasers prioritising location over size: excellent public transport links, a wide range of local amenities and strong rental demand in this multicultural student neighbourhood support lettings. However, the area records very high crime levels and the building’s listed status can mean higher maintenance and repair costs.
Practical positives include a fitted kitchen, modern bathroom, secure entry and very low council tax banding. Prospective buyers should budget for potential upgrades to heating, insulation and wiring where necessary and check lease and listing details before bidding at auction.
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