Skip to content
SavedList a property
1 / 16 · Exterior
Exterior
For saleReduced 17 Sept 2026
£100,000Offers over

Pilgrim Street, Newcastle Upon Tyne, NE1 6BG

1bedroom
1bathroom
Flattype
624sq ft
Leaseholdtenure

Listed 10 Aug 2026 · price reduced 17 Sept 2026 · Newcastle upon Tyne

How the price compares

This home£100,000£160 per sq ft
Median 1 bed in NE1£115k14 homes listed · £187 per sq ft
Difference-13%below the area median

Key features

  • Shared Private Parking
  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • RICS Level 2 Survey Available Upon Enquiry

About this home

Our latest listing is a 1 bedroom flat located in Newcastle. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 1 bedroom, lounge, kitchen, bathroom, and shared private parking.

Investment details

It currently produces an annual gross income of £12,000 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

There are tenants that currently reside in the property and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Property details

Property type
Flat
Size
624 sq ft / 58 sq m
Council tax band
C
Tenure
Leasehold
Parking
Yes

Floorplan

Floor Plan

Location

Skip map

1 on this map

  • Manors Station0.2 mi
  • Newcastle Central Station0.4 mi
  • St James Station0.5 mi

What nearby homes sold for

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

AddressTypeSoldPrice
9/6, 55 Degrees North, Pilgrim Street
Newcastle Upon Tyne NE1 6BJ		Flat
Leasehold		24 Jul 2026£92,000
5/5, 55 Degrees North, Pilgrim Street
Newcastle Upon Tyne NE1 6BF		Flat
Leasehold		9 Feb 2026£99,000
5/23, 55 Degrees North, Pilgrim Street
Newcastle Upon Tyne NE1 6BF		Flat
Leasehold		19 Dec 2025£160,000
P19, 55 Degrees North, Pilgrim Street
Newcastle Upon Tyne NE1 6BJ		Other
Leasehold		16 Dec 2025£408,500
5/11, 55 Degrees North, Pilgrim Street
Newcastle Upon Tyne NE1 6BF		Flat
Leasehold		19 May 2025£102,000
9/2, 55 Degrees North, Pilgrim Street
Newcastle Upon Tyne NE1 6BJ		Flat
Leasehold		28 Mar 2025£112,000
6/9, 55 Degrees North, Pilgrim Street
Newcastle Upon Tyne NE1 6BG		Flat
Leasehold		16 Jan 2025£135,000
6/3, 55 Degrees North, Pilgrim Street
Newcastle Upon Tyne NE1 6BG		Flat
Leasehold		6 Dec 2024£142,500
Cale Cross House, 156, Pilgrim Street
Newcastle Upon Tyne NE1 6SU		Other
Freehold		2 Dec 2024£37,750,000
6/12, 55 Degrees North, Pilgrim Street
Newcastle Upon Tyne NE1 6BG		Flat
Leasehold		29 Nov 2024£128,500

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£500£10,000 deposit · £90,000 loan
Stamp Duty£0England 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 Let Property Sales & Management, Glasgow on Rightmove (original listing). First listed 10 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 17/09/2026.

Agent disclaimer

Disclaimer - Property reference 227411503. 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 Let Property Sales & Management, Glasgow. 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.

Similar homes nearby

See all