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3 bed property for sale Newcastle Upon Tyne NE2 3HP, NE2

Asking price

£245,000

Added on 26/09/2026

Bedrooms: 3
Bathrooms: 2
Tenure: Ask agent; 1,955 years left(from the agent's description)

No ground rent (peppercorn) Council tax Band B £1,977 a year

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

Key features

Buy to let investment opportunity
Council tax band: B
En-Suite shower room WC
EPC Rating: C
Leasehold - 2000 years from 28 October 1981
New Tenants From Summer 2026 Paying £1,755pcm
Peppercorn ground rent
Separate shower room WC
Three bedroom ground floor flat

About this property

This neutrally decorated three-bedroom flat is for sale in Newcastle upon Tyne and is well suited to investors, with clear buy-to-let potential.

Inside, the property offers a lounge, kitchen, and two bathrooms, including an en-suite to the main bedroom. The layout provides practical, separate spaces for living, cooking and relaxing, with the additional bathrooms supporting shared living arrangements.

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 3HP, NE2

Open map Street View

Mortgage and stamp duty

Property price £245,000

£122k £368k

Deposit10% £25,000

£0 £245k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £220,000 mortgage. Most lenders would want a household income of about £49,000 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
133, Bayswater Road Flat / maisonette	Flat / maisonette	Oct 2024	818 sq ft £216/sq ft	818 sq ft	£216	£177,000
147, Bayswater Road Terraced	Terraced	Dec 2022	1,066 sq ft £277/sq ft	1,066 sq ft	£277	£295,000
129, Bayswater Road Flat / maisonette	Flat / maisonette	Jul 2022	732 sq ft £303/sq ft	732 sq ft	£303	£222,050
131, Bayswater Road Semi-detached	Semi-detached	Jul 2022	1,249 sq ft £178/sq ft	1,249 sq ft	£178	£222,050
132, Bayswater Road Flat / maisonette	Flat / maisonette	Jul 2021	764 sq ft £209/sq ft	764 sq ft	£209	£160,000
130, Bayswater Road Flat / maisonette	Flat / maisonette	May 2020	840 sq ft £201/sq ft	840 sq ft	£201	£169,000
114, Bayswater Road Flat / maisonette	Flat / maisonette	Oct 2017	958 sq ft £256/sq ft	958 sq ft	£256	£244,950
120, Bayswater Road Flat / maisonette	Flat / maisonette	Apr 2017	764 sq ft £265/sq ft	764 sq ft	£265	£202,500