# 2 bedroom flat for sale (NE1 4BB)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 813, THE BAR, ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR NE1 4BB |
| Price | £115,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | C |
| Construction age | England and Wales: 1996-2002 |
| Floor area | 70 m² |
| Last sold | £110,000 Jun 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 16/07/2033
- **Current heating cost:** £387/year
- **Est. upgrade cost to C:** £1,500

### Recommendations
- L2 (£1,200 - £1,800)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0350-2873-1230-2297-1881)

## 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.

## Property Photos

- ![Photo](/listings/photos/164790383/2168631) - Photo
- ![Photo](/listings/photos/164790383/2168632) - Photo
- ![Photo](/listings/photos/164790383/2168633) - Photo
- ![Photo](/listings/photos/164790383/2168635) - Photo
- ![Photo](/listings/photos/164790383/2168636) - Photo
- ![Photo](/listings/photos/164790383/2168637) - Photo
- ![Photo](/listings/photos/164790383/2168638) - Photo
- ![Photo](/listings/photos/164790383/2168639) - Photo
- ![Photo](/listings/photos/164790383/2168640) - Photo
- ![Photo](/listings/photos/164790383/2168641) - Photo
- ![Photo](/listings/photos/164790383/2168642) - Photo
- ![Photo](/listings/photos/164790383/2168643) - Photo
- ![Photo](/listings/photos/164790383/2168645) - Photo
- ![Photo](/listings/photos/164790383/2168647) - Photo

## Floorplans

- ![Focal Integrated](/listings/photos/164790383/2168648) - Focal Integrated

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/164790383/2168651) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE BAR APARTMENT 813 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BB | £110,000 | 30/06/2026 | Flat |
| THE BAR APARTMENT 813 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BB | £145,000 | 09/10/2014 | Flat |
| THE BAR APARTMENT 813 ST JAMES GATE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4BB | £179,790 | 05/05/2006 | 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 |
|---------|-------|------|------|
| 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 |
| CITY QUADRANT, 11 APARTMENT 303 WATERLOO SQUARE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4DP | £175,000 | 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 |
| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £146,768 (28 Flat, NE1, 2024–2026)
- **Deviation:** -21.6%

## Rental Range

*ONS Price Index of Private Rents (Newcastle upon Tyne). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,094/mo
- **Realistic:** £1,215/mo
- **Optimistic:** £1,337/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## 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)**

## 1% Rule

- **Rent ratio:** 1.02% (strong)
- **Max investor price (0.8%):** £146,875
- **Target investor price (1%):** £117,500

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,175/mo).*

- **Gross yield:** 12.3%
- **Cost-to-rent:** 8.2×
- **Monthly cashflow:** £580/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 20.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £1,643/m²

## Capital growth trend

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

- **5y growth:** -29.1%
- **10y growth:** 17.1%

## House Price Index (HM Land Registry)

*Official index for Newcastle upon Tyne; Flats and maisonettes series; as of July 2026.*

- **1y growth (index):** 1.2%
- **5y growth (index):** 12.8%
- **10y growth (index):** 20.4%

## 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)