Summary - 93 STAMFORDHAM ROAD NEWCASTLE UPON TYNE NE5 3JN
2 bed 1 bath Ground Flat
Affordable ground-floor home with long lease and garden potential for modernisation.
- Chain free ground-floor flat with direct street entrance
- Long lease: 956 years remaining, ground rent £15 pa
- Two bedrooms, one bathroom, approx. 636 sq ft
- Small front and rear gardens, rear needs tidying
- Dated kitchen and bathroom; cosmetic refurbishment required
- EPC rating D; potential to improve energy efficiency
- Damp-proof course newly installed with 20-year guarantee
- Local area deprivation and above-average crime levels
This chain-free ground-floor flat offers an affordable entry into Fenham with a long lease (956 years) and very low ground rent (£15pa). The layout includes a lounge, kitchen, utility, two bedrooms and a bathroom, and the property benefits from small front and rear gardens and direct street access. At around 636 sq ft, the accommodation is a modest, practical size for a first home or buy-to-let.
The flat needs cosmetic updating: the kitchen and bathroom are dated and there is evidence the rear garden and external areas require tidying. EPC rating D means some improvement to insulation or heating could raise efficiency and reduce running costs. A damp-proof course has recently been installed and is covered by a 20-year guarantee, which addresses a key past issue.
Practical advantages include mains gas heating with boiler and radiators, double glazing, fast broadband potential and excellent mobile signal. Transport links are good, with nearby bus routes to Newcastle city centre, the MetroCentre and easy A1/A69 access. Council Tax Band A keeps local costs low.
Buyers should note the local context: the area is classified as deprived and recorded crime is above average. A mining search is recommended given regional mining heritage. Overall, this is a low-cost, low-risk leasehold opportunity for a buyer willing to invest modestly in modernisation to unlock value.
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