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2 bed property for sale Thornton Street, Waterloo House Newcastle Upon Tyne NE1 4AP, NE1

Asking price

£150,000

Added on 26/09/2026

Bedrooms: 2
Bathrooms: 2
Size: £175 per sq ft
Tenure: Ask agent; 102 years left(from the agent's description)

Service charge £3,701 a yearGround rent £250 a year Council tax Band D £2,542 a year

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

Key features

125 years from 1 December 2003
City Centre Location
Council Tax Band D
Ensuite shower room plus additional bathroom
EPC Rating: C
Ground rent £250 per annum
No upper chain
Service charges £3,700.82 per annum
TWO BEDROOM APARTMENT

About this property

This neutrally decorated 2-bedroom flat is for sale in the heart of Newcastle upon Tyne’s vibrant City Centre, offering a practical base that’s particularly appealing to investors. Inside, the property provides an open-plan lounge/dining/kitchen, creating a versatile social living and dining space. From here, there is access to a balcony, giving valuable private outdoor space in a central location. The flat also includes two spacious bedrooms, one of which has an ensuite plus an additional bathroom WC.

Floorplan

Council tax

Band D £2,542 a year

Per year

Band A

£1,695
Band B

£1,977
Band C

£2,260
Band D

This home: £2,542
Band E

£3,107
Band F

£3,672
Band G

£4,237
Band H

£5,084

This home is in band D, which costs £2,542 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.

Price guide

This home

£175 / sq ft

Area average (sold)

£233 / sq ft

Price per area, sold homes nearby

£156 / sq ft

£175 / sq ft

£310 / sq ft

Lowest

This home

Highest

£175 per sq ft, below the middle of recent sales in NE1 (£156–£310, 10th–90th percentile, 140 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 140 homes sold in NE1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in NE1 →

Location

Thornton Street, Waterloo House Newcastle Upon Tyne NE1 4AP, NE1

Open map Street View

Mortgage and stamp duty

Property price £150,000

£75k £225k

Deposit10% £15,000

£0 £150k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £135,000 mortgage. Most lenders would want a household income of about £30,000 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
Apartment 24, Waterloo House, Thornton Street Flat / maisonette	Flat / maisonette	Jan 2026	883 sq ft £240/sq ft	883 sq ft	£240	£212,000
Apartment 1, Waterloo House, Thornton Street Flat / maisonette	Flat / maisonette	Feb 2024	667 sq ft £210/sq ft	667 sq ft	£210	£140,000
Apartment 2, Waterloo House, Thornton Street Flat / maisonette	Flat / maisonette	Mar 2023	786 sq ft £229/sq ft	786 sq ft	£229	£180,000
Apartment 27, Waterloo House, Thornton Street Flat / maisonette	Flat / maisonette	Aug 2022	775 sq ft £116/sq ft	775 sq ft	£116	£90,000
Apartment 26, Waterloo House, Thornton Street Flat / maisonette	Flat / maisonette	Mar 2021	861 sq ft £175/sq ft	861 sq ft	£175	£151,000
Apartment 29, Waterloo House, Thornton Street Flat / maisonette	Flat / maisonette	Dec 2020	280 sq ft £222/sq ft	280 sq ft	£222	£62,000
Apartment 25, Waterloo House, Thornton Street Flat / maisonette	Flat / maisonette	Mar 2017	797 sq ft £195/sq ft	797 sq ft	£195	£154,950
Apartment 30, Waterloo House, Thornton Street Flat / maisonette	Flat / maisonette	Sept 2016	248 sq ft £216/sq ft	248 sq ft	£216	£53,500