2-bedroom flat · NE8 2DF
To rentListed 1 day
Opportunity summary
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About
AVAILABLE 4TH DECEMBER 2026 | FURNISHED TWO BEDROOM FIRST FLOOR APARTMENT | Situated within the ever-popular Ochre Yards development, this well-presented two bedroom first floor apartment offers excellent access to Newcastle City Centre via the nearby High Level Bridge, as well as convenient links to the Quayside and surrounding amenities.
The accommodation briefly comprises an entrance hallway, spacious open-plan lounge, dining and kitchen area, two bedrooms, a modern family bathroom, and an en-suite shower room to the principal bedroom.
Externally, the property benefits from both a Juliet balcony and a separate private balcony, together with an allocated parking space. Energy Efficiency Rating C. Council Tax Band C.
Holding Deposit: One weeks rent to reserve, then taken off move in monies. Damage Deposit: Five weeks rent. (Reposit is also available to replace the traditional deposit.
Fee and terms apply.) Entrance Hall Storage cupboard housing hot water cylinder and washing machine, wall mounted electric heater, telephone entry system.
Bathroom Panel bath with shower above, wash hand basin, WC, part tiled walls, wall mounted electric heater.
Living/Dining Area Double glazed window and French doors to small balcony, wall mounted electric heater, telephone and television aerial points.
Kitchen Area Range of wall and base units with roll edge worktop surfaces incoporating stainless steel circular sink unit with mixer tap, integrated electric oven and hob with stainless steel splashbacks and extractor above, fridge and freezer.
Bedroom One Double glazed French doors to Juliet balcony, wall mounted electric heater.
Ensuite Shower Room Shower in tiled cubicle, wash hand basin, WC, part tiled walls, wall mounted electric heater.
Bedroom Two Double glazed French doors to Juliet balcony, wall mounted electric heater, telephone point. Material Information This property is managed by The Good Estate Agency.
Tenure: We have been advised the property is leasehold (Please note the service charge and ground rent are payable by the landlord not tenant). Council Tax: Band B.
Authority; gateshead.gov.uk/article/2641/2023-24-Council-Tax-valuation-bands Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property.
Heating is via electric heaters.
Broadband: Follow the link to check broadband providers and speeds; broadbandcheck.co.uk Mobile Phone Coverage: Follow the link to check mobile signal for all networks; signalchecker.co.uk Parking: There is an allocated parking bay available for this property.
We have not been advised of any restrictive Covenants at the outset of marketing.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Colombo Square, Worsdell Drive, Gateshead, Tyne and Wear, NE8
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