Sold STC Flat

28 GREYSTOKE AVENUE

NEWCASTLE UPON TYNE, TYNE AND WEAR NE2 1PN

1 beds 1 baths 65 m² Listed 11 Nov 2025 (-306d)

£155,000

Save
Photo 13

Photo 13 Photo 15 Photo 9 Photo 10 Photo 8 Photo 5 Photo 7 Photo 4 Photo 3 Photo 2 Photo 6 Photo 1 Photo 16 Photo 14

/ 14

Property details

Tenure

LEASEHOLD

Floor area

65 m²

Council tax band

A

EPC rating

D

Last sold

£165,000 Apr 2026

Price per m²

£2,385/m²

Local average

£251,339 (-38.3%)

Deprivation

Decile 8 (24,291 of 33,755)

Street crime

897 incidents within 1 mile (Jul 2026)

Key features

  • Ground floor flat
  • One bedroom
  • Private south facing rear yard
  • Utility room
  • Generous dining kitchen
  • Close to local amenities
  • Peppercorn leasehold 999 years from 17 July 1987
  • EPC rating D
  • Council tax band A

Additional details

Garden
Yes

Description

Presenting a rare opportunity for first-time buyers, this charming terraced flat in Greystoke Avenue, Newcastle upon Tyne, NE2 1PN, is ideally situated in a sought-after location with an array of local amenities, reputable schools, abundant green spaces, and historical features all within easy reach. Transport links and access to nearby parks, walking and cycling routes add to the convenience and lifestyle this property affords.

The residence features a tastefully presented double bedroom, alongside a modern bathroom complete with a separate shower cubicle, catering for both comfort and functionality. The reception room is an inviting space to relax or entertain, boasting a striking fireplace and a classic bay window that fills the room with natural light throughout the day.

The generously proportioned dining kitchen benefits from ample natural light, offering an ideal setting for home-cooked meals and informal gatherings. A utility room adds further practicality, helping to keep daily life organised.

One of the standout features is the delightful south-facing private yard, perfect for enjoying the outdoors, hosting alfresco dining, or cultivating a tranquil retreat at home.

Blending comfort, character, and convenience in a highly desirable setting. With well-considered features throughout and excellent connections to everything Newcastle upon Tyne has to offer, this property presents an outstanding opportunity for those seeking an accessible step onto the property ladder in a vibrant community setting. Early viewing is highly recommended to fully appreciate all that this home has to offer.

PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Mains Gas
Broadband: Fibre
Mobile Signal Coverage Blackspot: No
Parking: On Street / Permit

MINING The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any

Listed by

Jesmond

Rook Matthews Sayer - Connells

Reference: 169225115

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 03/12/2025

Expiry date: 02/12/2035

Current heating cost: £726/year

Potential heating cost: £454/year

Est. upgrade cost to C: £19,785

Recommendations

  • 50 mm internal or external wall insulation (£7,500 - £11,000)
  • Floor insulation (suspended floor) (£5,000 - £10,000)
  • Increase hot water cylinder insulation (£20 - £40)
  • Hot water cylinder thermostat (£130 - £180)
  • Replace boiler with new condensing boiler (£2,200 - £3,500)

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.

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #6085659

Property Details

Street: 28 Greystoke Avenue

Town: NEWCASTLE UPON TYNE

Postcode: NE2 1PN

Installation Details

Items: 4 windows

Certificate Issued: 27/10/2008

Work Completed: 14/10/2008

This certificate data was retrieved from FENSA's database

FENSA Certificate #4238310

Property Details

Street: 28 Greystoke Avenue

Town: NEWCASTLE UPON TYNE

Postcode: NE2 1PN

Installation Details

Items: 4 windows and 1 door

Certificate Issued: 20/11/2006

Work Completed: 08/11/2006

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

35% since 2012

Event Date Price % change
Sold 20/04/2026 (4 months ago) £165,000 +34.7%
Sold 13/12/2012 (13 years ago) £122,500 —

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
68 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1JW £155,000 19/12/2025 Flat
23 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £135,000 10/12/2025 Flat
25 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £125,000 21/11/2025 Flat
Same street 25 GREYSTOKE AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN £268,250 18/11/2025 Other
69 SPRINGBANK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PD £180,000 14/11/2025 Flat
8 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £112,500 14/11/2025 Flat
197 HELMSLEY ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RD £185,000 31/10/2025 Flat
1 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £127,000 28/07/2025 Flat
45 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1JW £146,000 11/07/2025 Flat
63 HIGH PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PT £100,000 12/03/2025 Flat
31 BRANDON GROVE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PA £165,000 13/02/2025 Flat
42 MOUNTWOOD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PY £125,500 19/12/2023 Flat
12 SANDYFORD PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1TA £66,000 07/12/2023 Flat
76 BROAD ASH, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PZ £138,500 04/12/2023 Flat
170 DONCASTER ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RB £142,500 29/11/2023 Flat
8 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ £155,000 08/11/2023 Flat
10 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ £150,000 08/11/2023 Flat
14 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £110,000 03/11/2023 Flat
14 SANDYFORD PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1TA £113,000 30/10/2023 Flat
209 HELMSLEY ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RD £208,000 27/10/2023 Flat
83 SPRINGBANK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PD £138,500 20/10/2023 Flat
Same street 19 GREYSTOKE AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN £173,000 18/08/2022 Terraced
Same street 15 GREYSTOKE AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN £172,000 22/07/2022 Terraced
Same street 59 GREYSTOKE AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN £150,000 14/01/2022 Flat
Same street 39 GREYSTOKE AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN £175,000 10/12/2021 Flat
Same street 26 GREYSTOKE AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN £286,000 10/12/2021 Flat

Street average: £204,042 (6 sales)

Area average: £138,875 (20 sales)

Capital growth trend

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

5y growth -14.8%
10y growth 1.4%

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

1y (index) 4.3%
5y (index) 11.3%
10y (index) 24.6%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: JPKA PROPERTY LTD (12855587)

Rental Range

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

Low £1,086/mo
Realistic £1,207/mo
Optimistic £1,328/mo

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

LHA (30th percentile) floor for Tyneside: £489/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NE2 1PN

Nearby

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

Type Name Distance
Bus stop Springbank Road 0.1 miles
Bus stop DINSDALE ROAD-NE/B 0.1 miles
Shop The Corner Shop 0.1 miles
Shop The Blind Shop 0.2 miles
Train station Jesmond 0.5 miles
Train station Byker 0.7 miles
University Newcastle University 1.0 miles
University Northumbria University Coach Lane Campus 1.8 miles
Hospital Priory Day Hospital 5.8 miles
Hospital Sunderland Primary care Trust 7.0 miles

Street-level crime

Category Count
Shoplifting 303
Violence and sexual offences 146
Anti-social behaviour 133
Criminal damage and arson 59
Vehicle crime 52
Other theft 44
Public order 44
Burglary 36
Robbery 19
Drugs 16
Bicycle theft 14
Theft from the person 13
Other crime 9
Possession of weapons 9
Total incidents 897

Within 1 mile during Jul 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
St Catherine's Catholic Primary School Primary 0.1 miles Good — 12 Feb 2015
Hotspur Primary School Primary 0.3 miles Good — 11 Mar 2014
St Teresa's Catholic Primary School, Heaton Primary 0.5 miles Outstanding — 31 Jan 2024
Newcastle Preparatory School Other 0.5 miles — (No rating)
Royal Grammar School Other 0.5 miles — (No rating)

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
Studio Flat, Tankerville Place, NE2 £1,100/mo 1 0.68 miles OpenRent

Average rent: £1,100/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.71%
Max investor price (0.8%) £137,500
Target investor price (1%) £110,000
Gross yield 8.5%
Cost-to-rent ratio 11.7×
Monthly cashflow £355/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 9.5%
  • 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).