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1 bed property for sale Newcastle Upon Tyne NE15 8TL, NE15

Asking price

£89,950

Added on 03/10/2026

Bedrooms: 1
Bathrooms: 1
Size: £196 per sq ft
Tenure: Ask agent; 146 years left(from the agent's description)

Ground rent £65 a year Council tax Band A £1,695 a year

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

Key features

Enclosed Garden
EPC rating D council tax band A
First Floor Flat
Lounge
Modern Fitted Kitchen
No Onward Chain
One bedroom
Popular Location
Shower room/w.c
Tenure: Leasehold, 189 years from 1st May 1983, Ground Rent: £65.00 per annum

About this property

This well-presented first floor flat offers an excellent opportunity for first-time buyers, investors or those looking to downsize, and is available with the added benefit of no onward chain. The accommodation briefly comprises an entrance hall with stairs leading to the first floor, a comfortable lounge featuring an attractive fireplace with inset electric fire, a fitted kitchen with a range of wall and base units, a shower room/WC, and a double bedroom. Additional benefits include double glazing and electric heating.

Floorplan

Council tax

Band A £1,695 a year

Per year

Band A

This home: £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

This home is in band A, which costs £1,695 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

£196 / sq ft

Area average (sold)

£194 / sq ft

Price per area, sold homes nearby

£109 / sq ft

£196 / sq ft

£277 / sq ft

Lowest

This home

Highest

£196 per sq ft, above the middle of recent sales in NE15 (£109–£277, 10th–90th percentile, 875 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 875 homes sold in NE15 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in NE15 →

Location

Newcastle Upon Tyne NE15 8TL, NE15

Open map Street View

Mortgage and stamp duty

Property price £89,950

£45k £135k

Deposit10% £9,000

£0 £90k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £80,950 mortgage. Most lenders would want a household income of about £18,000 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
19, Cobalt Close Flat / maisonette	Flat / maisonette	Sept 2025	366 sq ft £219/sq ft	366 sq ft	£219	£80,000
4, Cobalt Close Terraced	Terraced	Jul 2024	409 sq ft £220/sq ft	409 sq ft	£220	£90,000
19, Cobalt Close Flat / maisonette	Flat / maisonette	Mar 2024	366 sq ft £205/sq ft	366 sq ft	£205	£75,000
1, Cobalt Close Semi-detached	Semi-detached	Jun 2023	420 sq ft £181/sq ft	420 sq ft	£181	£76,000
3, Cobalt Close Terraced	Terraced	Apr 2023	420 sq ft £181/sq ft	420 sq ft	£181	£76,000
4, Cobalt Close Flat / maisonette	Flat / maisonette	Jul 2022	409 sq ft £218/sq ft	409 sq ft	£218	£89,000
14, Cobalt Close Semi-detached	Semi-detached	Mar 2022	732 sq ft £246/sq ft	732 sq ft	£246	£180,250
18, Cobalt Close Flat / maisonette	Flat / maisonette	Dec 2021	377 sq ft £265/sq ft	377 sq ft	£265	£100,000