Sold STC Flat

APARTMENT 813

THE BAR, ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR NE1 4BB

2 beds 2 baths 753 sq ft Listed 22 Jul 2025 (-456d)

£115,000

Reduced on 9 Feb 2026

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Property details

Tenure

LEASEHOLD

Floor area

70 m²

Council tax band

C

EPC rating

B

Year built

England and Wales: 1996-2002

Last sold

£110,000 Jun 2026

Price per m²

£1,643/m²

Local average

£146,768 (-21.6%)

Deprivation

Decile 5 (15,793 of 33,755)

Street crime

1379 incidents within 1 mile (Aug 2026)

Key features

  • 2 Bedrooms
  • Kitchen/Lounge
  • Bathroom

Additional details

Parking
Allocated

Description

NO CHAIN - CITY VIEWS - Stylish Two Bedroom, Two Bathroom Apartment in The Bar – Secure Allocated Parking & Elevated City Views

A fantastic opportunity to purchase this modern and well-presented two bedroom apartment situated in the ever-popular The Bar development in Newcastle. Positioned on a high floor above the 8th, the property not only enjoys elevated views over the city but also benefits from a rare allocated parking space within the development – a real asset in this central location.

Internally, the apartment has been tastefully updated, featuring two modernised bathrooms, both with fitted showers – an uncommon and highly desirable feature in this development. The spacious open-plan living area offers a bright and airy setting with floor-to-ceiling windows that showcase cityscape views.

Both bedrooms are well-proportioned doubles, with the master benefitting from an en-suite shower room. The second bathroom also features a walk-in shower, making the layout ideal for sharers, guests, or family living.

Ideally located for Newcastle Central Station, the Quayside, and a wide selection of shops, bars, cafes, and restaurants, this apartment offers the very best of city living.

Key Features:

Two double bedrooms

Two updated bathrooms, both with showers

Positioned above the 8th floor with panoramic views

Rare allocated parking space within the development

EPC Rating: B

Council Tax Band: C

Service Charge: Approx. £2,444 per annum

Ground Rent: £350 per annum

Leasehold: Approx. 104 years remaining

Excellent central location

A perfect opportunity for owner-occupiers and investors alike. Early viewing is highly recommended.

Listed by

Newcastle upon Tyne

Countrywide UK Sales - Connells

Reference: 164790383

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 17/07/2023

Expiry date: 16/07/2033

Current heating cost: £387/year

Potential heating cost: £189/year

Est. upgrade cost to C: £1,500

Recommendations

  • High heat retention storage heaters (£1,200 - £1,800)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location is outside the imported HM Land Registry INSPIRE registered freehold polygons.

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Focal Integrated

Focal Integrated

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

-39% since 2006

Event Date Price % change
Sold 30/06/2026 (3 months ago) £110,000 -24.1%
Sold 09/10/2014 (12 years ago) £145,000 -19.4%
Sold 05/05/2006 (20 years ago) £179,790 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
CITY QUADRANT, 11 APARTMENT 312 WATERLOO SQUARE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4DP £72,000 24/10/2025 Flat
BURGESS HOUSE FLAT 2-06 ST JAMES BOULEVARD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BW £37,000 22/08/2025 Flat
THE BAR APARTMENT 606 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BA £115,000 16/07/2025 Flat
THE BAR APARTMENT 606 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BA £115,000 16/07/2025 Flat
CITY QUADRANT, 11 APARTMENT 303 WATERLOO SQUARE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4DP £175,000 16/07/2025 Flat
THE BAR APARTMENT 902 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BB £162,000 19/08/2024 Flat
THE BAR APARTMENT 901 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BB £155,000 10/05/2024 Flat
THE BAR APARTMENT 608 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BA £156,000 18/05/2023 Flat
CITY QUADRANT, 11 APARTMENT 701 WATERLOO SQUARE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4DP £220,000 21/04/2023 Flat
CITY QUADRANT, 11 APARTMENT 705 WATERLOO SQUARE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4DP £172,000 06/04/2023 Flat
THE BAR APARTMENT 209 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BA £100,000 29/11/2022 Flat
THE BAR APARTMENT 615 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BA £110,000 23/11/2022 Flat
CITY QUADRANT, 11 APARTMENT 607 WATERLOO SQUARE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4DP £240,000 09/11/2022 Flat
THE BAR APARTMENT 712 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BB £150,000 17/10/2022 Flat
THE BAR APARTMENT 913 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BB £125,791 30/09/2022 Flat
CITY QUADRANT, 11 APARTMENT 401 WATERLOO SQUARE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4DP £140,000 25/08/2022 Flat
THE BAR APARTMENT 208 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BA £120,000 09/05/2022 Flat

Area average: £139,105 (17 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -29.1%
10y growth 17.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Newcastle upon Tyne. Series: Flats and maisonettes. As of July 2026.

1y (index) 1.2%
5y (index) 12.8%
10y (index) 20.4%

Rental Range

Estimated market rent for Newcastle upon Tyne. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,094/mo
Realistic £1,215/mo
Optimistic £1,337/mo

Based on Local Authority from postcode lookup → Newcastle upon Tyne.

LHA (30th percentile) floor for Tyneside: £549/mo (Apr 2025 – Mar 2026)

Location

Address

2 St James Gate

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Private Shops UK 0.0 miles
Shop Michael Shegal & Son. 0.0 miles
Bus stop NEWCASTLE COACH STATION 0.1 miles
Bus stop NEWCASTLE ARENA-W/B 0.1 miles
Train station Newcastle 0.3 miles
Train station Central Station 0.3 miles
University Newcastle University 0.8 miles
University Campus for Ageing and Vitality 1.2 miles
Hospital Holmeside and Parkway Medical Groups 4.3 miles
Hospital Priory Day Hospital 7.2 miles

Street-level crime

Category Count
Violence and sexual offences 372
Anti-social behaviour 324
Shoplifting 211
Public order 99
Other theft 75
Criminal damage and arson 71
Burglary 47
Drugs 37
Robbery 37
Vehicle crime 34
Theft from the person 31
Bicycle theft 16
Other crime 15
Possession of weapons 10
Total incidents 1379

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Callerton Academy Secondary 0.2 miles Good — 6 Mar 2024
NCG Other 0.2 miles — (No rating)
North East Futures UTC Secondary 0.2 miles Requires improvement — 23 Mar 2023
Our Lady and St Anne's Catholic Primary School Primary 0.3 miles Good — 12 May 2020
St Paul's CofE Primary School Primary 0.4 miles Requires improvement — 29 Jan 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Temple Street, NE1 £1,200/mo 2 0.23 miles OpenRent
2 Bed Flat, Westgate Road, NE4 £1,150/mo 2 0.27 miles OpenRent

Average rent: £1,175/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.02%
Max investor price (0.8%) £146,875
Target investor price (1%) £117,500
Gross yield 12.3%
Cost-to-rent ratio 8.2×
Monthly cashflow £580/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 20.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).