Sixth-floor two-bed with balcony and long lease, ideal for city investors.
River Tyne views from private balcony
Open-plan living space with modern finishes
Two bedrooms, one en-suite; 753 sq ft total
Lift and secure entry; sixth-floor position
Leasehold: 975 years remaining from 1999
High service charge: £6,613.36 pa
Electric room heaters; higher running costs likely
Sold by auction — buyer fees and terms apply
This sixth-floor, two-bedroom apartment on Newcastle’s Quayside offers bright, contemporary living with direct River Tyne views. The open-plan living area extends to a balcony, ideal for enjoying the waterfront outlook. Built in 2003, the property sits within a purpose-built development with lift and secure entry and benefits from a long lease (975 years remaining).
Practical running costs and constraints are clear: heating is electric room heaters, broadband speeds are reported slow, and the current EPC rating is C. Service charges are high at £6,613.36 pa (includes car park service charge and building insurance) and there is an annual ground rent of £250. The property is offered for sale by auction — buyers should budget for the administration fee and familiarise themselves with auction terms and potential reserve pricing.
The flat suits investors or buyers wanting a low-maintenance city-centre base close to Newcastle’s nightlife, transport links and amenities. The communal building and location deliver convenience and rental appeal, while the combination of electric heating and above-average service charges are important factors for anyone assessing long-term ownership costs.
Note: the wider area is classified as a cosmopolitan student neighbourhood with higher crime statistics; consider this when planning lettings or resale. A mining-search is advised for the region and purchasers should commission full surveys and checks before bidding at auction.
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