Apartment 1 Rialto, Newcastle upon Tyne, Tyne and Wear, NE1 2JR

Lot 83 · NE1 2JR · Auction House North East · North East

£94,000guide price
Residential
Apartment 1 Rialto, Newcastle upon Tyne, Tyne and Wear, NE1 2JR
Photo: Auction House North East catalogue

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

EPC not confirmed

The listing does not show a clean EPC rating. The full pack checks the official register by address.

low confidence, Auction listing enrichment

Tenure not captured

The full pack should confirm freehold, leasehold, or mixed tenure from the legal pack.

not verified confidence, Auction listing

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About this lot

2 Bed Apartment

Offered with vacant possession, this spacious two bedroom ground floor apartment presents an excellent opportunity for both investors and owner occupiers. Located in the Rialto complex on Melbourne Street, just outside Newcastle’s vibrant City Centre, With continued demand from both student and professional tenants, this apartment holds strong potential for future rental income. The property features a modern open-plan living and kitchen area with a doors opening on to a small patio area. The kitchen is fitted with walnut-style units, and integrated appliances including a stainless steel extractor hood, electric hob, oven, and fridge freezer. Both bedrooms are well proportioned doubles, with the primary bedroom benefitting from an ensuite shower room in addition to the main bathroom. Tenure: Leasehold EPC Rating: C Important Notice to Prospective Buyers We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Administration Charge £3600 inc VAT payable on exchange of contracts. A problem with your internet connection has been detected. We'll reconnect you as soon as we can. Loading the bidding panel... Connecting to server... * Guide | £70,000 2 Bedrooms…

From the Auction House North East listing. Read the full listing and legal pack →

Key facts

83Lot number
ResidentialUse class

Recent sold prices nearby

20 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

FL***** MARINERS WHARFNE1 2BJ£160,000
FL**** MARINERS WHARFNE1 2BJ£315,000
96 LIME SQUARE CI** RO**NE1 2BN£129,000

17 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in NE1

Evidence from 121 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+57.1%median uplift
£70,000typical value added
3.8 yearstypical hold period

See 121 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 121 registered sale pairs in NE1 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

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