Summary - 12, WALLACE STREET NE2 4AU
2 bed 1 bath Flat
Compact urban home with parking and low running costs.
Allocated off-street parking — rare for a central location
Secure communal entrance with communal areas in good condition
Bright living room with tree-lined outlook; neutral décor
Double glazing installed post-2002; gas central heating (boiler & radiators)
Total area approx. 679 sq ft; average internal footprint for two bedrooms
Leasehold with ~62 years remaining — may hinder mortgage approval
Solid brick construction (pre-1900) with assumed no wall insulation
EPC C and very low council tax; fast broadband and excellent mobile signal
This well-presented two-bedroom upper flat in Spital Tongues combines city convenience with rare allocated parking — a hard-to-find benefit in central Newcastle. The living room is bright with a pleasant tree-lined outlook, neutral décor and contemporary laminate flooring, creating a move-in-ready feel for a first home or buy-to-let.
Practical features include double glazing, gas central heating with a boiler and radiators, a secure communal entrance and off-street allocated parking. Broadband speeds are reported as fast and mobile signal excellent, supporting home working or student life. EPC C and very low council tax help running costs remain modest.
Important buyer note: the property is leasehold with about 62 years remaining. That limited term may affect mortgage availability and value; some lenders could refuse to lend without extending the lease. The building is of solid brick construction (pre-1900) with assumed limited wall insulation, so buyers should budget for potential retrofit or energy-efficiency improvements if desired.
Overall this flat suits first-time buyers and investors seeking a compact, well-located home with parking and quick access to Newcastle city amenities. The short lease is the primary material drawback and should be investigated early with a solicitor and mortgage adviser.
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