Apartment 33, Forth Banks Tower, Forth Banks, Newcastle upon Tyne, NE1 3PN

UPRN:4510726384Purpose Built Flat2 bedsBuilt 2003-2006

LeaseholdCouncil Tax: -EPC: B (82)

Data freshness:Listing· freshPlanning· 4mo agoOwnership· freshEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 4mo agoAmenities· 2mo agoArea· Census 2021

Apartment 33, Forth Banks Tower, Forth Banks, Newcastle upon Tyne, NE1 3PN

HP Score

/ 100

Mixed

Verdict

2 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

19 of 21 sources

Sale Estimate

£155,000

£140k - £171kMedium

Estimate

£155k

Range

£140k – £171k

Rent Estimate (pcm)

£1,150

£1k - £1k

Monthly

£1,150

Yield

13.80%

Verdict

Derived from HomePortfolio scores

Apartment 33 earns an INVESTIGATE rating with HP Score 61/100. Investment score 65/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is excellent (91/100). 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.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

61/ 100

Mixed

Investment Score

65/ 100

Moderate

100

Crime Score

100/ 100

Elevated

Walkability

91/ 100

Excellent

Transit & Bike

Transit 46Bike 64

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

listing is 'Sold subject to contract' - sale already progressing, not an actionable opportunity

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£100,000

At the asking price

Monthly rent£1,150/mo

Evidenced range £1,100-£1,200

Interest rate5.4%

Loan to value75%

Cash required: £31,300
Net cash flow: £459/mo
Cash on cash: 17.6%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 3.41 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£155,000

Rent Estimate (pcm)£1,150

Gross Yield13.80%

1y Growth-

3y Growth+1.7%

5y Growth-0.6%

10y Growth+4.1%

Last Sold Price£125,000 (2019-07-05)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseModerate

View Full Risk Report

Planning Activity

Recent Apps

0NE1 3PN

Approval Rate

-12mo

Development

low

DC/26/00837/ADV
Display of 4No vinyl advertisements
Pending
DC/26/00635/ADV
Display of 2No fascia signs, 1No projecting sign, and signage to new external ATM machine
Conditions
DC/26/00634/FUL
Proposed Installation of 1no. new external ATM machine with associated signage, removal of existing ATM machine and replacement of existing glazing
Approved

View Planning Timeline

Ownership

Corporate Ownership26.7%
Overseas OwnershipNo
Lease Term Remaining105 yrs
CovenantsNone
Lease TypeLeasehold
Last Ownership Change2019-07-05
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

13 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£30,144

Population Density-

Owner Occupied18%

Age Distribution

0-15 4%16-64 94%65+ 2%

View Area Profile

Schools Nearby

North East Futures UTC
0.1 mi
Area grades2025
Inspected after Ofsted withdrew the single overall grade.
NCG
0.4 mi
-
Our Lady and St Anne's Catholic Primary School
0.5 mi
Good
St Paul's CofE Primary School
0.6 mi
Area grades2025
Inspected after Ofsted withdrew the single overall grade.

1 of 6 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

Forth Banks Tower Forth Banks
-
£100k
-
Forth Banks Tower Forth Banks
-
£76k
-
Forth Banks Tower Forth Banks
-
£500k
-
Forth Banks Tower Forth Banks
-
£86k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN