Character-filled riverside apartment ideal for investors or commuters seeking central living.
Grade II listed Quayside apartment with period features and high ceilings
About 754 sq ft: two double bedrooms and open-plan living
Short lease: 84 years remaining—renewal needed urgently
Service charge c. £1,900pa; ground rent £250pa
EPC rating G; electric boiler and radiator heating
Secondary glazing; original stone walls likely uninsulated
Broadband speeds very slow locally
High local crime levels; central city location with excellent transport
Set in the Grade II listed Princess Building on Newcastle Quayside, this two-bedroom apartment combines period character with modern fittings. Tall sash windows and high ceilings create an airy feel, while an open-plan kitchen/living area and two double bedrooms suit sharers or a commuter couple. The property totals about 754 sq ft and features contemporary kitchen fittings, secondary glazing and electric central heating.
The location is the apartment’s strongest selling point: one street back from the riverside, with bars, cafés, cultural attractions and transport links within easy walking distance. That makes the flat a straightforward short-let or long-term rental proposition for students and city workers seeking Quayside living.
There are important practical considerations to note. The lease has only 84 years remaining and will need prompt renewal—this is likely to be a material cost and can affect mortgageability. Listed status restricts alterations and can complicate refurbishment work. Service charge and ground rent are significant at around £1,900pa and £250pa respectively, and the EPC rating is G. Broadband speeds are reported very slow and the property uses electric heating; the building’s original stone walls are likely uninsulated.
Given the central Quayside address and strong rental demand in the area, the apartment suits an investor or buyer ready to manage lease-extension and listed-building constraints. Viewings will be most useful for purchasers who prioritise location and character and who understand the practical costs of maintaining a historic leasehold flat.
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