# 2 bedroom flat for sale (NE4 8EB) ## Property Details | Key | Value | |-----|-------| | Address | 49 AXBRIDGE GARDENS, NEWCASTLE UPON TYNE, BENWELL, TYNE AND WEAR NE4 8EB | | Price | £51,500 | | Bedrooms | 2 | | Bathrooms | 1 | | Construction age | England and Wales: 1930-1949 | | Floor area | 74 m² | | Last sold | £70,000 Oct 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Expiry date:** 25/05/2032 - **Current heating cost:** £726/year - **Est. upgrade cost to C:** £9,225 ### Recommendations - A (£100 - £350) - Q (£4,000 - £14,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0105-6060-1522-7028-0523) ## Description Reeds Rains are delighted to offer for sale this two bedroom First floor flat located on Axbridge Gardens, Grainger Park. The property briefly comprises: Entrance Hall, Stairs to first floor landing, Lounge, Kitchen, Two Bedrooms, Bathroom, Externally the property has a shared yard to the rear and paved patio area to the front. **Entrance Hall** Wooden door to front elevation **Stairs To:-first Floor Landing** loft access, Storage cupboards, Double central heating radiator. **Lounge** 13' 6" x 14' 0" (4.1m x 4.27m ) UPVC double glazed window to rear elevation, Picture rail, Coving to ceiling, Fire surround, Double central heating radiator. **Kitchen** 12' 1" x 8' 1" (3.69m x 2.46m ) UPVC Double glazed window to side elevation, Wooden door to side elevation, Wall and base units with roll top work surfaces, Stainless steel sink and drainer, Space for cooker, Space for fridge and freezer, Space for washing machine. **Bathroom** Two UPVC Double glazed frosted windows to rear elevation, Three piece white bathroom suite comprising: Low level w.c, Pedestal wash hand basin, Bath with glass shower screen, Part tiling to walls, Central heating radiator. **Bedroom** 9' 6" x 8' 10" (2.89m x 2.7m ) UPVC Double glazed bay window to front elevation, Double central heating radiator, Picture rail, Coving to ceiling. **Bedroom** 9' 6" x 8' 3" (2.88m x 2.51m ) UPVC Double glazed window to rear elevation, Central heating radiator. **External** Shared yard to rear elevation. IMPORTANT NOTE TO PURCHASERS:We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. /2 ## Property Photos - ![Photo](/listings/photos/65628996/1057887) - ![Bedroom](/listings/photos/65628996/1057888) - Bedroom - ![Photo](/listings/photos/65628996/1057889) - ![Bathroom](/listings/photos/65628996/1057890) - Bathroom - ![Kitchen](/listings/photos/65628996/1057891) - Kitchen - ![Bedroom](/listings/photos/65628996/1057892) - Bedroom - ![Lounge](/listings/photos/65628996/1057893) - Lounge - ![Photo](/listings/photos/65628996/1057894) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 49 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £70,000 | 25/10/2024 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 478 ELSWICK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8DS | £72,500 | 15/01/2026 | Flat | | [Same street] 52 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £65,000 | 28/01/2025 | Flat | | [Same street] 14 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £136,000 | 17/11/2023 | Other | | 31 LADYKIRK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8AH | £77,000 | 12/10/2023 | Flat | | 34 FAIRHOLM ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8AT | £55,000 | 29/09/2023 | Flat | | 142 HUGH GARDENS, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8PQ | £49,000 | 15/09/2023 | Flat | | [Same street] 9 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £47,500 | 20/10/2022 | Flat | | 152 HUGH GARDENS, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8PQ | £56,500 | 01/04/2022 | Flat | | [Same street] 22 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £59,000 | 06/01/2022 | Flat | **Street average:** £76,875 (4 sales) **Area average:** £62,000 (5 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £90,528 (18 Flat, NE4, 2024–2026) - **Deviation:** -43.1% ## Rental Range *ONS Price Index of Private Rents (Newcastle upon Tyne). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,084/mo - **Realistic:** £1,204/mo - **Optimistic:** £1,324/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £549/mo ## 1% Rule - **Rent ratio:** 2.34% (strong) - **Max investor price (0.8%):** £150,500 - **Target investor price (1%):** £120,400 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Price per Square Metre - **£/m²:** £696/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -15.6% - **10y growth:** 52.1% ## House Price Index (HM Land Registry) *Official index for Newcastle upon Tyne; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** 1.2% - **5y growth (index):** 12.4% - **10y growth (index):** 28% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)