1/8
£120,000
2 beds · 2 baths · 869 sq ft
Melbourne Street, Newcastle upon Tyne, Tyne and Wear, NE1
0.13 miles
away
Leasehold
Added on 19/09/2026 Your Move
1/20
1/20
£180,000
Asking price 2 bed flat for sale Milk Market, Newcastle Upon Tyne, NE1
2
beds 2
baths Flat
Leasehold
Added on 16/09/2026
About this property
**VIRTUAL TOUR AVAILABLE** Situated within the prestigious Milk Market development on Newcastle's iconic Quayside, this exceptional two-bedroom apartment offers luxury city living within a characterful converted building. Combining period charm with contemporary design, the property enjoys a prime waterfront location within easy walking distance of Newcastle's finest restaurants, bars, shopping, cultural attractions, universities and transport links. The accommodation comprises a welcoming entrance hallway leading to an impressive open-plan living, dining and kitchen space, designed for both modern living and entertaining.
Key features
- TWO DOUBLE BEDROOMS
- QUAYSIDE LOCATION
- SECURE UNDERGROUND PARKING
- OPEN PLAN LIVING AREA
- WELL PRESENTED THROUGHOUT
- GAS CENTRAL HEATING
- LIFT ACCESS TO ALL FLOORS
- LOCAL RESTAURANTS & BARS
- IDEAL FOR PROFESSIONALS OR INVESTORS
- NO ONWARD CHAIN
Floorplan
Price guide
This home
£224 / sq ft
Area average (sold)
£233 / sq ft
Price per area, sold homes nearby
£160 / sq ft
£224 / sq ft
£307 / sq ft
Lowest
This home
Highest
£224 per sq ft, around the middle of recent sales in NE1 (£160–£307, 10th–90th percentile, 136 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 136 homes sold in NE1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in NE1 →
Location
Milk Market, Newcastle Upon Tyne, NE1, NE1 3DN
- Council tax
- Band D (Approx £2,542/year)The agent has not stated the band, so band D is shown as the local reference: Newcastle upon Tyne's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £180,000
£90k £270k
Deposit10% £18,000
£0 £180k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £162,000 mortgage. Most lenders would want a household income of about £36,000 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.
Historic sold prices nearby
HM Land Registry sales in NE1 3DN. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 21, Milk Market Flat / maisonette | Flat / maisonette | Mar 2024 | 732 sq ft £253/sq ft | 732 sq ft | £253 | £185,000 |
| 6, Milk Market Flat / maisonette | Flat / maisonette | Jun 2023 | 753 sq ft £202/sq ft | 753 sq ft | £202 | £152,000 |
| 12, Milk Market Flat / maisonette | Flat / maisonette | Oct 2022 | 1,410 sq ft £177/sq ft | 1,410 sq ft | £177 | £250,000 |
| 1, Milk Market Flat / maisonette | Flat / maisonette | May 2022 | 506 sq ft £261/sq ft | 506 sq ft | £261 | £132,000 |
| 14, Milk Market Flat / maisonette | Flat / maisonette | Feb 2022 | 797 sq ft £251/sq ft | 797 sq ft | £251 | £200,000 |
| 11, Milk Market Flat / maisonette | Flat / maisonette | Jul 2021 | 1,023 sq ft £179/sq ft | 1,023 sq ft | £179 | £183,000 |
| 19, Milk Market Flat / maisonette | Flat / maisonette | May 2021 | 936 sq ft £160/sq ft | 936 sq ft | £160 | £150,000 |
| 18, Milk Market Flat / maisonette | Flat / maisonette | Oct 2020 | 818 sq ft £229/sq ft | 818 sq ft | £229 | £187,500 |
All sales on Milk Market → All sold prices in Newcastle upon Tyne →
Area insights
The neighbourhood around this property.
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