Summary - HANOVER MILL APARTMENT 23 HANOVER STREET NEWCASTLE UPON TYNE NE1 3AB
1 bed 1 bath Flat
Compact city one-bedroom near Quayside and transport links.
Converted warehouse with high ceilings and arched windows
A compact one-bedroom apartment set on the fifth floor of a converted warehouse in Newcastle city centre. The building retains industrial character—high ceilings and arched windows—while the flat offers a contemporary open-plan lounge/kitchen, double bedroom and a modern three-piece bathroom. A lift serves all floors and an allocated parking bay is available off-site.
Practical running costs are supported by an EPC rating of C and council tax band B. The property is offered chain free with 106 years remaining on a 125-year lease granted in 2006. Heating is electric via storage/room heaters; broadband is not currently installed. Important ownership costs such as ground rent and service charge are not yet confirmed.
This home suits an investor seeking central rental demand or a first-time buyer wanting a compact city base close to the Quayside, bars and public transport. Note the flat is sold as seen; any cosmetic or deeper works should be assumed by the purchaser. A mining search is recommended for the region and conveyancing should confirm any implications.
Buyers should also consider location-related factors: the immediate neighbourhood is classed as a multicultural student area with high footfall, and local crime statistics are very high. These factors affect suitability for some owner-occupiers and may influence rental market characteristics.
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