Summary - Howard Street, St Ann's, Newcastle upon Tyne, Tyne and Wear, NE1 2AU NE1 2AU
2 bed 1 bath Apartment
Chain‑free auction lot — city‑edge two‑bed requiring modernisation and lease extension.
Second‑floor two‑bed apartment with river and Quayside views
Second‑floor, two‑bed apartment requiring full modernisation, offered chain‑free and to be sold at auction. The flat sits on Howard Street on the edge of Newcastle city centre, with views across the River Tyne and proximity to Quayside amenities, public transport and fast broadband — useful for commuters, investors or buyers seeking a central refurbishment project.
Internally the layout includes an entrance hall, lounge, kitchen, two bedrooms and bathroom. The property has UPVC double glazing and electric storage heating; the EPC is rated D. The building dates from the late 1960s–1970s and is a system‑built block with assumed no wall insulation, so buyers should allow for energy‑efficiency upgrades and electrical/heating modernisation.
Practical considerations are material: the lease has 85 years remaining and will need prompt renewal, the service charge is £825pa, and the area records very high crime levels — factors that will affect mortgageability, resale and insurance. The apartment benefits from well‑kept communal gardens and lift access but is best suited to buyers prepared to invest in refurbishment or investors targeting city‑centre rental demand.
This is a clear project purchase: competitive price and central location give scope for value uplift after renovation, but costs for lease extension, thermal improvements and heating replacement should be factored into any offer.
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