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£117,500
Asking price

2 bed flat for sale Kenton Lane, Newcastle Upon Tyne, NE3

2 beds 1 bath Flat
Leasehold

Added on 16/09/2026

About this property

Nestled on Kenton Lane, Newcastle upon Tyne, this well-presented two-bedroom apartment offers an excellent opportunity for both owner-occupiers and buy-to-let investors alike. Available with a tenant in situ, the property provides an attractive gross rental yield of approximately 8.7% at the asking price, making it an ideal ready-made investment.

Key features

  • Allocated Parking
  • Spacious reception room
  • Located in Newcastle
  • Apartment on Kenton Lane
  • Close to local amenities
  • Easy access to transport
  • Ideal for small families
  • Perfect for professionals
  • Viewing recommended
  • Modern 2-bedroom apartment

Location

Kenton Lane, Newcastle Upon Tyne, NE3, NE3 3EA

Council tax
Band D (Approx £2,542/year)

Mortgage and stamp duty

Property price £117,500
£58k £177k
Deposit10% £12,000
£0 £118k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £105,500 mortgage. Most lenders would want a household income of about £24,000 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 NE3 3EA. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
219, Kenton Lane TerracedFeb 2026635 sq ft £220/sq ft£140,000
231, Kenton Lane TerracedNov 20251,302 sq ft £141/sq ft£183,000
229, Kenton Lane TerracedOct 20251,076 sq ft £158/sq ft£170,000
223, Kenton Lane TerracedApr 20251,055 sq ft £153/sq ft£161,000
233, Kenton Lane Flat / maisonetteMay 2023603 sq ft £174/sq ft£105,000
205, Kenton Lane TerracedFeb 2023980 sq ft £51/sq ft£50,000
235, Kenton Lane Flat / maisonetteMay 2022592 sq ft £155/sq ft£92,000
225, Kenton Lane TerracedDec 20191,066 sq ft £134/sq ft£143,000

All sales on Kenton Lane → All sold prices in Newcastle upon Tyne →

Area insights

The neighbourhood around this property.

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