2 bed property for sale Newcastle Upon Tyne NE2 1ES, NE2

Asking price

£91,000

Added on 26/09/2026

70% share · about £130,000 full valueRetirement home

Bedrooms: 2
Bathrooms: 1
Tenure: Ask agent; 60 years left(from the agent's description)

Council tax Band B £1,977 a year

* From the agent's description. Check it with them before you rely on it.

Key features

55 years and over only
70% shared ownership
Annual payment to landlord from 1st April 2025 - £1694.76 reviewed annually
Any potential buyers will need to be assessed by Landlord, prior to sale being agreed
Council tax band: B
EPC Rating: C
Leasehold - a new lease of 60 years will be granted on completion
Two Bedroom First Floor Flat

About this property

This two-bedroom retirement flat is offered on a 70% shared ownership basis, providing an accessible route into home ownership for those aged over 55. Situated in Newcastle upon Tyne, the property benefits from an EPC rating of C and falls within Council Tax Band D.

The flat comprises a reception room, a fitted kitchen, two bedrooms and a bathroom, arranged to offer practical, manageable accommodation on one level. The setting allows residents to enjoy independent living with the advantage of nearby amenities and transport links.

Council tax

Band B £1,977 a year

Per year

Band A

£1,695
Band B

This home: £1,977
Band C

£2,260
Band D

£2,542
Band E

£3,107
Band F

£3,672
Band G

£4,237
Band H

£5,084

This home is in band B, which costs £1,977 a year in Newcastle upon Tyne for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Newcastle upon Tyne, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Newcastle Upon Tyne NE2 1ES, NE2

Open map Street View

Mortgage and stamp duty

Property price £91,000

£46k £137k

Deposit10% £9,000

£0 £91k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £82,000 mortgage. Most lenders would want a household income of about £19,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
14, Rosebery Place Terraced	Terraced	Jul 2023	667 sq ft £150/sq ft	667 sq ft	£150	£100,000
4, Rosebery Place Semi-detached	Semi-detached	Apr 2023	657 sq ft £175/sq ft	657 sq ft	£175	£115,000
17, Rosebery Place Terraced	Terraced	Nov 2021	657 sq ft £206/sq ft	657 sq ft	£206	£135,000
9, Rosebery Place Terraced	Terraced	Jan 2019	657 sq ft £160/sq ft	657 sq ft	£160	£105,000
3, Rosebery Place Semi-detached	Semi-detached	Nov 2018	646 sq ft £225/sq ft	646 sq ft	£225	£145,000
11, Rosebery Place Terraced	Terraced	Jun 2017	807 sq ft £180/sq ft	807 sq ft	£180	£145,500
23, Rosebery Place Flat / maisonette	Flat / maisonette	Jun 2017	710 sq ft £111/sq ft	710 sq ft	£111	£79,000
15, Rosebery Place Terraced	Terraced	Jan 2014	667 sq ft £139/sq ft	667 sq ft	£139	£92,500