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HomeSearchNewcastle, NE3 2RR
2 bedroom new build, Prospect Place, Newcastle
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2 bedroom new build, Prospect Place, Newcastle

Newcastle, NE3 2RR

Added 24 Jul 2026

£1,450 pcm

Rent per month

Bedrooms

2

Bathrooms

2

Size

980 sqft

Type

new build

Match

87%

  • Council taxBand E
  • EPCC
  • BuildNew build
  • ParkingAllocated
  • GardenFront & Rear Garden

About this home

Available to rent — a 2-bedroom new-build home in Newcastle, NE3 2RR, extending to approximately 980 sq ft.

Key features

  • 10-year NHBC warranty
  • A-rated EPC
  • Air source heat pump
  • EV charging point
  • Fitted wardrobes
  • Underfloor heating
  • Allocated parking
  • Front & rear garden
  • Brand new
  • EPC rating C

The Full Picture

Everything you need upfront

Facts a buyer or tenant should have before making an offer — in line with the Government's homebuying reform roadmap.

Full Picture 75%
Listed 24 Jul 2026 · 7 days on GaffbeePrice: No price changesSee full history →

Property facts

Council tax
Band E
Year built
1980
Heating
Electric
Parking
Allocated
Garden
Front & Rear Garden
Build
New build

Rental details

Deposit
£2,175
Furnished
Furnished
Min tenancy
12 months
Pets
Not allowed

Energy performance

  • A
  • B
  • CScore 76
  • D
  • E
  • F
  • G

The higher the rating, the more energy efficient the property and the lower the fuel bills.

Floorplan & rooms

Interactive

Total size

980 sqft

91

Key highlights

Where it is

Location & Street View

Loading Street View…

Approximate location. Drag the Street View to look around; use the Pegman to walk down the road.

Neighbourhood

Area, schools & transport

Nearby schools

Distance from this property · Ofsted-style ratings

Indicative catchments and ratings only — always confirm admissions with the local authority.

Transport nearby

Stations & stops
  • Kings Road Station

    Overground

    0.9 mi
  • Kings Road

    Tram

    1.2 mi
  • Bridge Road Station

    Rail

    3 mi

Commute highlights

Estimated travel times to major UK hubs

Leeds

83.4 mi away

Drive
1h 54m
Train
1h 19m

Edinburgh Waverley

91.1 mi away

Drive
2h 4m
Train
1h 25m

Manchester Piccadilly

108.7 mi away

Drive
2h 26m
Train
1h 39m

Birmingham New Street

174.9 mi away

Drive
3h 49m
Train
2h 30m

London Kings Cross

247.2 mi away

Drive
5h 19m
Train
3h 25m

Estimates based on straight-line distance. Actual times vary with traffic, changes and service.

Nearby amenities

  • 🛒

    Supermarket

    Co-op

    0.9 mi
  • 🏋️

    Gym

    Fitness First

    0.7 mi
  • 🌳

    Park

    Riverside Gardens

    0.9 mi
  • 🩺

    GP surgery

    Parkside Surgery

    0.9 mi
  • 🍽️

    Restaurants

    Local high street

    0.4 mi
  • Café

    Grind & Co.

    0.2 mi

Commute time

Estimate the journey from Newcastle, NE3 2RR to your workplace or a place you visit often.

Broadband

Indicative Ofcom-style download speeds. Providers vary.

Standard25 Mbps
Superfast78 Mbps
Ultrafast538 Mbps

Mobile coverage

Voice & data indoor/outdoor by network.

  • EEIndoor: GoodOutdoor: Good
  • VodafoneIndoor: GoodOutdoor: Good
  • O2Indoor: LimitedOutdoor: Good
  • ThreeIndoor: GoodOutdoor: Good

Local market

Market insights

Running the numbers

Costs & finance

Rent affordability

Estimate

Check if this rent fits your monthly budget.

Your share of rent

£1,450 /mo

£1,450 pcm ÷ 1 tenant

Budget used91%

Within budget

Headroom / mo
£150
Suggested gross salary
£49,714 /yr
Suggested gross / mo
£4,143
Annual rent (your share)
£17,400

Most UK landlords require gross income of ~30× monthly rent (or a guarantor at 36×). Figures indicative.

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Move-in cost

Deposit & term

Adjust deposit and term to plan your upfront outlay.

Estimated to move in

£3,123

Deposit £1,673 + 1 month rent £1,450

Weekly rent
£335
Annual rent
£17,400
Total over 12 mo
£17,400
Deposit cap (TFA 2019)
5 weeks

Tenant Fees Act 2019 caps deposits at 5 weeks' rent (6 weeks if annual rent ≥ £50,000). Holding deposits capped at 1 week.

Mortgage affordability

Rent vs buy

Buying an equivalent home would cost roughly £348,000 at a 5% yield benchmark. See if a mortgage stacks up against renting.

Max you could offer

£282,500

Loan up to £247,500 + £35,000 deposit · capped by income (4.5× LTI)

This home if bought

£348,000

Short by £65,500 · needs income ~£69,556/yr

Affordable monthly repayment
£1,604 /mo
Required repayment for this home
£1,633 /mo
Max loan on 4.5× income
£247,500
Deposit as % of listing
10.1%

Affordability summary

Stretch

You'd need about £69,556/yr income or £65,500 more deposit.

Monthly all-in

£1,952 /mo

£1,633 mortgage + £319 running · 43% of gross pay

Upfront cash

£35,000

£35,000 deposit + £0 fees

Lender check

Too big

Need £313,000 · max on income £247,500

  • Loan needed (£313,000) exceeds the 4.5× income cap of £247,500
  • Monthly all-in (£1,952) breaches your 35% repayment cap of £1,604
  • Upfront cash of £35,000 is covered by your deposit and a small buffer

UK lenders typically cap borrowing at 4.5× total income and want repayments under ~35–40% of gross pay. Actual offers depend on credit, outgoings, and product — always get an Agreement in Principle.

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Due diligence

Checks, risks & material information

Check before you buy

Material information for this address — flooding, crime, connectivity, planning, ground conditions and legal notes. Indicative only; verify with your solicitor before exchange.

Flood risk

Surface waterLow
Rivers & seaLow
ReservoirsLow
GroundwaterLow

Crime (last 12 months)

105

/ 1k residents

Medium

5.3% vs previous year

Anti-social37
Violence34
Burglary17
Vehicle15
Other12

Broadband

711 Mbps

Up to 208 Mbps upload
StandardYes
SuperfastYes
UltrafastYes
Full fibreYes

4 providers available at this address.

Mobile coverage

NetworkIndoor voiceIndoor dataOutdoor voiceOutdoor data
EEGoodLimitedGoodGood
O2GoodGoodGoodGood
ThreeGoodLimitedGoodGood
VodafoneGoodGoodGoodGood

Planning applications

11within 250 m in the last 12 months

  • Loft conversion with rear dormer

    2025/2604/HH · 16 Dec 2025

    Pending
  • Change of use to residential

    2025/5056/HH · 30 Oct 2025

    Refused
  • Demolition of garage and new dwelling

    2026/5354/HH · 11 Feb 2026

    Withdrawn

Ground & environment

CoalfieldNo
Historic miningNo
RadonLow
SubsidenceLow
Contaminated landNone recorded

Building & legal

Listed buildingNot listed
Conservation areaNo
Tree Preservation OrderNo
Article 4 directionNone
Cladding / EWS1N/A
New-build warrantyN/A

Sources (to be integrated): Environment Agency, police.uk, Ofcom, planning.data.gov.uk, GOV.UK EPC register, Coal Authority, UK Radon.

Material information

NTSELAT Parts A/B/C
Tenure
Leasehold
Council tax band
E
Price qualifier
Guide price

Presented in line with National Trading Standards Estate & Letting Agency Team guidance.

Keep exploring

Related searches & local intel

Explore the area

Renting & referencing

Ref SEED4K-NEW-BUILD-2BED-PROSPECT-PLACE-NEWCASTLE-159