Wed 18 NovNew this week
£6,000+guide
INVESTMENT - Freehold Ground Rent|Freehold
30 Grosvenor Road, Newcastle upon Tyne, Tyne And Wear, NE2 2RP
Sold by Allsop
Traditional auction
Vacant one bedroom first floor flat., Newcastle upon Tyne, NE15
50, Benwell Close, NEWCASTLE UPON TYNE, Tyne and Wear, NE15 6RZ
More property auctions in Newcastle upon Tyne · North East
A freehold ground rent investment in Benwell Close, NEWCASTLE UPON TYNE (NE15), leasehold. Barnard Marcus Auctions is selling it at auction on Tuesday 17 November, with a guide of £28,000. The auctioneer's listing says it needs updating and is offered vacant. The stated rent is £2,816 a year, about 10.1% gross on the guide.
£28,000
16days
15hrs
35mins
33secs
Tue 17 Nov · 09:00Add to calendar
Status verified with Barnard Marcus Auctions 2 hours ago
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Open in MapsNewcastle upon Tyne, NE15. Indicative location. Sources
Estimated cost to winPrice, fees and Stamp duty (non-residential)£29,800See breakdown
Est. total£29,800
- Price£28,000
- Buyer's / admin fee£1,800
- Stamp duty (non-residential) estimate£0
- Legal pack and searches£0
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Barnard Marcus Auctions's usual buyer's fees (Contract documentation charge £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work
Key facts
- Type
- Vacant one bedroom first floor flat.
- Bedrooms
- 1
- Tenure
- Leasehold
- Council tax band
- See legal pack
- Auction
- Tuesday, 17 November 2026 at 09:00
- Lot number
- 362
- Auctioneer
- Barnard Marcus Auctions
- Floor area
- 61 m² (657 sq ft)
- Energy rating
- B
- Postcode
- NE15 6RZ
Listed by Barnard Marcus Auctions · Lot 362 · Checked 31 Oct, 15:36 · Floor area and rating from the EPC (Feb 2022)
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Guide + works£28,000
Guide £28,000Works £0VAT & buffer
Floor area now61 m²
Energy ratingB
The EPC lists 2 energy upgrades costing about £1,385–£1,925.
Rough 2026 ranges excluding VAT from Checkatrade, Homebuilding & Renovating and Self Build. Value estimates use Nationwide research (10% more space ≈ 5% more value; a loft or extension with a double bedroom and bathroom up to 24%). Not a valuation or a quote: view the property and get builders' quotes before you bid. Extensions and lofts may need planning permission. Floor area and energy data from the EPC register.
What houses on this street have sold for
| Year sold | Sold price | Change |
|---|---|---|
| 2007 | £50,000 | +291% |
| 2005 | £12,800 | +16% |
| 1997 | £11,000 |
Recent sales in NE15 6RZ
- 32 Benwell Close · Flat · Aug 2026£39,950
- 42 Benwell Close · Flat · Oct 2025£46,000
- 24 Benwell Close · Flat · Aug 2025£66,000
- 54 Benwell Close · Flat · Apr 2023£45,700
- 57 Benwell Close · Flat · Jul 2019£44,000
- 45 Benwell Close · Flat · Mar 2016£47,500
Contains HM Land Registry data © Crown copyright and database right. Licensed under the Open Government Licence v3.0. England and Wales only.
Around here
Photos taken nearby by Geograph contributors. They show the area, not necessarily this property.
© Graham Robson, CC BY-SA 2.0
© Adrian Dust, CC BY-SA 2.0
© David Martin, CC BY-SA 2.0
© Graham Robson, CC BY-SA 2.0
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