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2 bed property for sale Towers Avenue, Apartment, NE2

Asking price

£395,000

Added on 26/09/2026

Bedrooms: 2
Bathrooms: 2
Tenure: Ask agent; 250 years left(from the agent's description)

Service charge £1,966 a yearNo ground rent (peppercorn)

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

Key features

£15,000 CASH INCENTIVE IF RESERVED BY END OF JANUARY 2026
A new lease to be created of 250 years with peppercorn ground rent
Buildings insurance - £803.93
Council tax band TBC - EPC rating C
Feature window and Balcony
Service charge for 2026 £1,966
Two bedroom first floor apartment Two bathrooms – one ensuite
Versatile mezzanine level offering either home office/gym/TV area or as an alternative bedroom or guest area

About this property

Presenting for sale, the last remaining unit in this immaculate development, is a two-bedroom maisonette that effortlessly blends contemporary design elements with the charm of traditional architecture.

The property is situated in a highly desirable location with excellent public transport links and local amenities within a stone’s throw away.

Council tax

Ask agent

Per year

Band A

£1,695
Band B

£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

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Newcastle upon Tyne, 2026/27 bills run from £1,695 a year in band A to £5,084 in band H.

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.

Location

Towers Avenue, Apartment, NE2

Open map Street View

Mortgage and stamp duty

Property price £395,000

£197k £593k

Deposit10% £40,000

£0 £395k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £355,000 mortgage. Most lenders would want a household income of about £79,000 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
Flat 9, 4, Towers Avenue Flat / maisonette · new build	Flat / maisonette · new build	Aug 2025	581 sq ft £378/sq ft	581 sq ft	£378	£220,000
5, Towers Avenue Terraced	Terraced	May 2025	1,851 sq ft £394/sq ft	1,851 sq ft	£394	£730,000
Flat 12, 4, Towers Avenue Flat / maisonette · new build	Flat / maisonette · new build	Mar 2025	2,142 sq ft £238/sq ft	2,142 sq ft	£238	£510,000
Apartment 2, 4, Towers Avenue Flat / maisonette · new build	Flat / maisonette · new build	Mar 2025	990 sq ft £343/sq ft	990 sq ft	£343	£340,000
44, Towers Avenue Semi-detached	Semi-detached	Feb 2024	2,939 sq ft £342/sq ft	2,939 sq ft	£342	£1,005,001
Flat 10, 4, Towers Avenue Flat / maisonette · new build	Flat / maisonette · new build	Jan 2024	581 sq ft £404/sq ft	581 sq ft	£404	£235,000
14, Towers Avenue Semi-detached	Semi-detached	Dec 2023	2,400 sq ft £315/sq ft	2,400 sq ft	£315	£755,000
Flat 6, 4, Towers Avenue Flat / maisonette · new build	Flat / maisonette · new build	Sept 2023	1,227 sq ft £444/sq ft	1,227 sq ft	£444	£545,000