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See how verdicts work2-bedroom flat · NE8 2EU
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Tranquill House, a modern apartment located on Worsdell Drive in the vibrant area of Gateshead.
This delightful property, built in 2009, offers a contemporary living experience with an open plan design that maximises space and light.
As you enter, you will find a welcoming reception room that seamlessly connects to the stylish kitchen area, creating an ideal setting for both relaxation and entertaining.
The apartment boasts two well-proportioned bedrooms, providing ample space for rest and privacy.
Each bedroom is complemented by its own bathroom, ensuring convenience and comfort for residents and guests alike.
One of the standout features of this property is the availability of parking for one vehicle, a valuable asset in this bustling area.
Additionally, the absence of a chain means that you can move in without delay, making this an excellent opportunity for first-time buyers or those looking to downsize.
Tranquill House is not just a home; it is a lifestyle choice, offering modern living in a sought-after location.
With its appealing design and practical amenities, this apartment is sure to attract interest. Do not miss the chance to make this lovely property your own.
Description A beautiful fully furnished apartment located on the sought after residential area of Ochre Yards.
The property is situated on the second floor of this modern apartment block and comes with lifts to all floors.
With open plan living the apartment has a lounge with Juliette balcony, modern fitted kitchen with built in appliances, two bedrooms with the master having an ensuite shower room and main bathroom with shower.
With easy access to Gateshead and Newcastle town centre just a walking distance away. Certainly warrants an internal inspection.
Entrance The building is accessed via a secure entry system, stairs and lift to second floor. Hall Entrance hall with double storage cupboard housing washer/dryer.
Lounge (4.88m x 3.66m) Open plan room to dining area and kitchen. Having a wall mounted TV, sofa, electric radiator, UPVC windows and doors leading to Juliette balcony.
Dining Area (2.29m x 2.26m) Wooden dining table and floor chairs, UPVC window and electric radiator.
Kitchen (2.87m x 2.34m) Range of modern veneer wall and floor units with granite effect work surfaces and up stand, fully equipped kitchen, integral stainless steel sink unit with mixer tap, integral dishwasher, fridge, freezer, ceramic hob and over with cooker chimney above and down lights.
Bathroom Modern white suite with hand held shower, pedestal wash basin, low level w.c, part tiled walls wiling to the floor, electric radiator and down lights.
Bedroom One (3.76m x 2.95m) Double bed, wardrobe and draws, UPVC window, electric radiator and door leading to ensuite shower room.
Ensuite Step in shower enclosure, pedestal wash basin with mixer tap, low level w.c, extractor fan and tiling to the walls and floor.
Bedroom Two (3.43m x 2.79m) Single bed, wardrobe and draws, electric radiator and UPVC window.
Disclaimer Sales The particulars on these properties are set out as a general guidance for intended purchasers or tenants, and do not constitute part of an offer or contract.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller.
The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
All dimensions, descriptions and distances, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility.
Any intending purchasers or tenants should not rely on them as statements of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Measurements have been taken using a laser distance meter and may be subject to a margin of error. For further information see the Consumer Protection from Unfair Trading Regulations.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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.
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FAQ
About Tranquill House, Gateshead
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