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For saleReduced 31 May 2023
£135,000Offers in excess of

St. James Gate, Newcastle Upon Tyne, NE1 4BB

2bedrooms
2bathrooms
Flattype
Leaseholdtenure

Listed 14 May 2023 · price reduced 31 May 2023 · Newcastle upon Tyne

How the price compares

This home£135,000
Median 2 bed in NE1£150k29 homes listed · £212 per sq ft
Difference-10%below the area median

Key features

  • Located in City Centre Newcastle, close to Newcastle Station (mainline) and Central Station (metro)

About this home

Fantastic opportunity to purchase a 2 bed/2 bath apartment in this prime location within Newcastle City Centre, just minutes from the Newcastle/Gateshead Quayside, St James Park, offering access to all that Newcastle City Centre has to offer.

Purpose-built, seventh floor apartment forming part of this prestigious development, ideally placed for the city centre and railway station. Ideal for owner occupation or investment with communal grounds and designated car parking.

Description: This light and airy apartment enjoys a pleasant outlook over the communal grounds which form the heart of this popular development. With security entry systems, lift access and secure car parking, this property will appeal to a broad variety of purchasers. It is ideally placed for access to the city centre and also to the railway station and major road networks, ensuring access to the surrounding regional centres.

An open-plan living room / kitchen is the focal point of the apartment with double-opening doors leading to a small balcony. The kitchen has a range of integrated appliances with recessed spotlighting throughout. There are two bedrooms with an en-suite shower room to the master bedroom and a further family bathroom/WC. The property has double glazing and electric heating.

Tenure: The property is Leasehold, the term of which is 125 years from 1 January 2004. There is a Ground Rent of £350.00 per annum and a Service Charge of £2,462.62 per annum.

Service charge: The building service charge includes security, communal cleaning, alarm/warden control, proactive refuse removal, buildings insurance, fire risk assessment, health and safety assessment, landscape maintenance, redocoration fund, and Times Square parking, as well as general building maintenance and upkeep items.

Building manager: Trinity Estates, Simon Hindmarsh

Works in progress: Improvements to commercial units to suit more SME requirements and to include significant courtyard improvements for all residents.

Upcoming maintenance schedule: Carpet replacement and internal redecoration of communal areas

External works: Some of the larger lenders are willing to loan on buildings with a B2 EWS1 rating which The Bar currently has, the lenders will require certain paperwork from Persimmon Homes for reassurance that works are to be completed, Trinity Estates can assist with obtaining this information on a case by case basis.

Click here to access full property information pack, including title documents and law society forms.

Property details

Property type
Flat
Council tax band
C
Tenure
Leasehold
Ground rent
£350 per year (Ask agent about the review period)
Service charge
£2,462.62 per year
Parking
Yes
Garden
Yes

Floorplan

Floorplan 1

Location

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1 on this map

  • Newcastle Central Station0.2 mi
  • St James Station0.5 mi
  • Manors Station0.8 mi

What nearby homes sold for

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

AddressTypeSoldPrice
Apartment 813, The Bar, St James Gate
Newcastle Upon Tyne NE1 4BB
Flat
Leasehold
30 Jun 2026£110,000
Apartment 806, The Bar, St James Gate
Newcastle Upon Tyne NE1 4BB
Flat
Leasehold
9 Jan 2025£101,000
Apartment 712, The Bar, St James Gate
Newcastle Upon Tyne NE1 4BB
Flat
Leasehold
6 Sept 2024£152,500
Apartment 902, The Bar, St James Gate
Newcastle Upon Tyne NE1 4BB
Flat
Leasehold
19 Aug 2024£162,000
Apartment 702, The Bar, St James Gate
Newcastle Upon Tyne NE1 4BB
Flat
Leasehold
4 Jul 2024£110,000
Apartment 901, The Bar, St James Gate
Newcastle Upon Tyne NE1 4BB
Flat
Leasehold
10 May 2024£155,000

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£675£13,500 deposit · £121,500 loan
Stamp Duty£200England 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 10Homes, Gateshead on Rightmove (original listing). First listed 14 May 2023; details checked 7 Nov 2026. Latest change: reduced on 31/05/2023.

Agent disclaimer

Disclaimer - Property reference 11001066. 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 10Homes, Gateshead. 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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