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

Auction Guide Price

£45,000

Added on 15/10/2026

For sale by auction

Bedrooms: 1
Bathrooms: 1
Tenure: Ask agent

Council tax Band A £1,811 a year

Key features

Bathroom/w..c
Enclosed Rear Yard
EPC D/Council tax band A
Ground floor flat
Leasehold 999 years from 6 May 2008 - Ground rent £0
Lounge
No Onward Chain
One bedroom
Requires Updating
Study

About this property

For sale by auction – Live online Auction 29th October 2026 – Option 2 Offered for sale with no onward chain, this one-bedroom ground floor flat presents an excellent opportunity for investors, landlords, or buyers looking for a project. The accommodation comprises an entrance lobby, spacious lounge, fitted kitchen, bathroom/W.C.

Floorplan

Council tax

Band A £1,811 a year

Per year

Band A

This home: £1,811
Band B

£2,112
Band C

£2,414
Band D

£2,716
Band E

£3,319
Band F

£3,923
Band G

£4,526
Band H

£5,432

This home is in band A, which costs £1,811 a year in Gateshead for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Gateshead, 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 NE15 8EA, NE15

Open map Street View

Mortgage and stamp duty

Property price £45,000

£23k £68k

Deposit11% £5,000

£0 £45k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £40,000 mortgage. Most lenders would want a household income of about £9,000 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
11, Loraine Terrace Terraced	Terraced	Sept 2022	1,819 sq ft £110/sq ft	1,819 sq ft	£110	£201,000
4, Loraine Terrace Terraced	Terraced	Dec 2020	1,819 sq ft £85/sq ft	1,819 sq ft	£85	£155,000
13, Loraine Terrace Terraced	Terraced	Sept 2020	1,378 sq ft £60/sq ft	1,378 sq ft	£60	£82,500
2, Loraine Terrace Terraced	Terraced	Oct 2018	2,142 sq ft £68/sq ft	2,142 sq ft	£68	£145,000
1, Loraine Terrace Terraced	Terraced	Jun 2017	2,422 sq ft £59/sq ft	2,422 sq ft	£59	£142,000
16, Loraine Terrace Terraced	Terraced	Feb 2017	2,099 sq ft £59/sq ft	2,099 sq ft	£59	£124,000
17, Loraine Terrace Terraced	Terraced	Dec 2016	1,905 sq ft £63/sq ft	1,905 sq ft	£63	£120,000
3a, Loraine Terrace Flat / maisonette · new build	Flat / maisonette · new build	May 2008	1,399 sq ft	1,399 sq ft	n/a	£65,000