2-bedroom flat · NE8 2EU
Let agreedReduced £100 (−7.1%) on 2 OctListed 96 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available September 2026 | Fully Furnished | Two Double Bedrooms | Two Bathrooms | Secure Underground Parking | Stunning Views Over the River Tyne!
Situated within the highly desirable Ochre Yards development, this beautifully presented two-bedroom apartment offers stylish riverside living just moments from Newcastle Quayside and the city centre.
Boasting spacious accommodation, modern interiors, a private balcony with stunning River Tyne views, and secure underground parking, this property is ideal for professionals seeking both comfort and convenience.
As you step inside, you'll be welcomed by a stylish mirrored hallway leading to a spacious open-plan kitchen, dining and living area, all of which enjoy stunning views over the River Tyne.
The apartment is offered fully furnished, and the kitchen is equipped with a range of integrated appliances, including a fridge, freezer, dishwasher and washing machine.
The walk-on balcony provides the perfect space to relax and take in the panoramic riverside views, while the secure allocated underground parking offers added convenience.
The property features two generously sized double bedrooms, with the principal bedroom benefiting from an en-suite shower room. The main bathroom comprises a bath with shower over, wash basin and WC.
Situated on Gateshead Quayside, the apartment is within easy walking distance of Newcastle City Centre and the vibrant Quayside, with its excellent selection of bars, restaurants and cafés.
The development also offers excellent transport links to the A1, A19 and Metrocentre, making it ideal for commuters.
EPC Rating: D Council Tax Band: C Tranquil House is a modern apartment block located within the sought-after Ochre Yards development on the banks of the River Tyne.
Its riverside setting, breath-taking views and excellent location make it one of Gateshead's most desirable places to live.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 15, Tranquil House, Worsdell Drive, Gateshead
Explore nearby