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For saleReduced 23 Sept 2026
£165,000Offers over

Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 3AD

2bedrooms
1bathroom
Flattype
Leaseholdtenure

Listed 23 Sept 2026 · price reduced 23 Sept 2026 · Newcastle upon Tyne

How the price compares

This home£165,000
Median 2 bed in NE1£150k29 homes listed · £212 per sq ft
Difference+10%above the area median

Key features

  • Riverside Quayside Newcastle Location
  • Short Walk To City Centre
  • Two Double Bedrooms
  • Open Plan Living
  • Views Over The River Tyne
  • Easy Access To Bars And Restaurants
  • Strong Rail Links From Central Station
  • Good Local Bus Connections

About this home

This two double bedroom flat is for sale in Newcastle upon Tyne, positioned on the River Tyne and well placed for city centre amenities and riverside walks.

The property features an open-plan reception room and kitchen, creating a practical living and dining space. The open-plan kitchen is designed for modern day-to-day use, while the adjoining reception area offers flexibility for seating and dining arrangements. There is one bathroom serving the flat. The property has an EPC rating of B and falls within Council Tax band C.

Located along the Quayside, the flat benefits from easy access to a range of local amenities including bars, cafés, restaurants and shops, as well as riverside walking and cycling routes in both directions towards Ouseburn and along to the west of the city. Nearby parks and green spaces, such as Leazes Park and Exhibition Park, are within reach for leisure and recreation. The property features a secure, basement allocated car parking space proving rare private parking in the city centre.

Public transport links are strong. Newcastle Central Station is around a 10–15 minute walk away, offering mainline services to London King’s Cross in approximately 3 hours and to Edinburgh in around 1.5 hours, as well as regional connections across the North East. Local bus routes operate along the Quayside and into the wider city.

This flat is suitable for first-time buyers looking for a well-located home in Newcastle, as well as investors seeking a property with strong access to local amenities and transport.

Material Information:

Tenure – Leasehold

EPC Rating – B

Council Tax Band - C

Leasehold is 125 years started on 27/11/2006

Ground Rent is £389.22 per year

Annual notice of subletting fee £108

Yearly Service Charge £2024.95

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

Property details

Property type
Flat
Council tax band
C
Tenure
Leasehold
Lease remaining
105 years left
Ground rent
£389.22 per year (Ask agent about the review period)
Service charge
£2,024.95 per year
Parking
Yes
Heating
Electric
Broadband
FTTC (fibre to the cabinet)
Electricity
Mains supply
Water
Mains supply

Floorplan

Floorplan

Location

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1 on this map

  • Newcastle Central Station0.2 mi
  • St James Station0.6 mi
  • Manors Station0.7 mi

What nearby homes sold for

Median sold prices in NE1 over the last 12 months: flat £160k.

AddressTypeSoldPrice
Apartment 128, Hanover Mill, Hanover Street
Newcastle Upon Tyne NE1 3AD
Flat
Leasehold
24 Jul 2025£156,000
Apartment 120, Hanover Mill, Hanover Street
Newcastle Upon Tyne NE1 3AD
Flat
Leasehold
12 Mar 2025£90,000
Apartment 91, Hanover Mill, Hanover Street
Newcastle Upon Tyne NE1 3AD
Flat
Leasehold
11 Nov 2024£67,500
Apartment 131, Hanover Mill, Hanover Street
Newcastle Upon Tyne NE1 3AD
Flat
Leasehold
11 Mar 2024£160,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE1

Buying costs

Monthly repayment£825£16,500 deposit · £148,500 loan
Stamp Duty£800England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Northwood Urban Base Executive, Durham on Rightmove (original listing). First listed 23 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 23/09/2026.

Agent disclaimer

Disclaimer - Property reference 01134c22-2cf9-444a-92a8-5f79d36433c9. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood Urban Base Executive, Durham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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