4/23, 55 Degrees North, Pilgrim Street, Newcastle upon Tyne, NE1 6BF

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate
Verdict
Derived from HomePortfolio scores
4/23 earns an INVESTIGATE rating with HP Score 63/100. Investment score 63/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is excellent (97/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceModerate
- RadonLow
- MiningUnknown
- LandslideLow
- Air QualityLow
- NoiseHigh
Planning Activity
- ConditionsDC/26/00656/FULContinued use of temporary car park on site of former Ciborio Ltd (renewal of temporary permission DC/23/00505/COU) until 14/10/2029
- Pending2025/0437/03/DCCSubmission of details of Boundary Wall and Railings to comply with condition 3 of Planning Permission 2025/0437/01/DET dated 17.06.2025.
- Pending2023/1967/13/RVCMinor Material Amendment: Amendment to wording of conditions 1, 3, 5, 9 and 18 to control phasing to planning permission 2022/1967/09/RVC dated 24.10.2025. Minor Material Amendment: Variation of condition 2 (amendment to approved plans to revise internal layouts for redesign of internal cores with increased provision of evacuation lifts and associated lobbies and smoke shafts) to permission 2022/1967/01/DET dated 17.11.2023. Erection of a 14 storey building for student accommodation comprising studio rooms (Class C3) and cluster apartments (Class C4) with ancillary facilities, public realm, hard and soft landscaping'.
Ownership
- Corporate Ownership26.8%
- Overseas OwnershipNo
- Lease Term Remaining100 yrs
- CovenantsNone
- Lease TypeLeasehold
- Last Ownership Change2021-09-27
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- -University of Northumbria At Newcastle0.4 mi
- Christ Church CofE Primary School0.4 miReport card2026
Ofsted no longer awards a single overall grade.
- North East Futures UTC0.4 miArea grades2025
Inspected after Ofsted withdrew the single overall grade.
- -Gateshead College0.6 mi
1 of 6 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- 55 Degrees North Pilgrim Street-£99k-
- 55 Degrees North Pilgrim Street-£160k-
- 55 Degrees North Pilgrim Street-£102k-
- 55 Degrees North Pilgrim Street-£135k-