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See how verdicts work2-bedroom flat · NE8 2FA
For saleListed 227 days
Opportunity summary
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About
Key Features Two Double Bedrooms | Stylish Executive Apartment | Sought-After Quayside Location | Open-Plan Living Space | Contemporary Kitchen with Integrated Appliances | En-Suite to Main Bedroom | Modern Main Bathroom | Allocated Undercover Parking | Secure Bike Storage | Council Tax Band C | EPC Rating C Property Description Situated within a modern and highly desirable development close to the Quayside, this impressive two-bedroom upper-floor apartment offers stylish, low-maintenance living in a superb location.
Available with no onward chain, the property will appeal to a wide range of buyers, including first-time purchasers, professionals, investors, and those looking to downsize.
The building itself benefits from a secure intercom entry system together with both lift and stair access to all floors, adding convenience and peace of mind.
Internally, the apartment is beautifully presented throughout and features a welcoming entrance hallway leading into a superb open-plan lounge, dining and kitchen area.
This bright and spacious room is ideal for both everyday living and entertaining, with patio doors opening to a Juliet-style balcony, allowing plenty of natural light to flow through the space.
The kitchen has been thoughtfully designed to combine style and practicality, offering a sleek range of fitted units, generous worktop space, and a selection of integrated appliances including an oven, microwave, hob, extractor, wine cooler, fridge, freezer, and dishwasher.
There are two well-proportioned double bedrooms, with the principal bedroom benefiting from its own modern en-suite shower room.
The second bedroom is equally versatile and could be used as a guest room, home office or additional bedroom space.
The main bathroom is finished with a contemporary white suite and includes a bath with overhead shower and glass screen.
Externally, the apartment further benefits from an allocated undercover parking space and access to a secure communal bicycle storage area.
Perfectly positioned for easy access to both Gateshead Town Centre and Newcastle City Centre, the property is well placed for a wide range of local amenities, shops, cafes, and excellent transport links by road, rail, bus and Metro.
Combining space, style and an excellent urban location, this is a fantastic opportunity to purchase a modern apartment in one of the area's most convenient settings.
Early viewing is highly recommended. Accommodation Communal Entrance Secure entry system with lift and stair access.
Apartment Hallway Open-Plan Lounge / Dining Area / Kitchen 7.2m x 4.3m Bedroom One 4.8m x 2.7m En-Suite Bedroom Two 3.3m x 2.8m The Location Ochre Yards is a well-established residential development set on the Gateshead Quays, offering a peaceful yet connected lifestyle.
Residents enjoy excellent transport links via the A1, A19, and nearby rail and Metro stations.
Newcastle City Centre is approximately 1.4 miles away-a scenic walk over one of the area's iconic bridges, such as the Tyne Bridge, High Level Bridge, or Millennium Bridge.
The Quayside itself is home to a range of vibrant restaurants, bars, and cultural venues, while a large Tesco supermarket is located just 0.5 miles from the property.
The area continues to grow in popularity, with ongoing development by Bellway Homes adding further long-term appeal to this riverside location. Leasehold Information Lease: Approx.
109 years remaining Service Charge: £2556,00 per annum (approx.) Ground Rent: £196.70 per annum Managing Agent: Block Living Material Information Tenure: Leasehold Council Tax: Band C (Gateshead Council) Utilities: Mains water, electricity, and sewerage.
No gas supply.
Broadband: Availability can be checked at broadbandcheck.co.uk Mobile Coverage: Check signal at signalchecker.co.uk Parking: One allocated parking space included Additional Notes Development works are currently ongoing within Ochre Yards by Bellway Homes - please enquire for further details.
Please note: all appliances and services have not been tested by WPG Sales & Lettings. A copy of the lease is available upon request.
We recommend that your solicitor reviews the lease to check for any restrictive covenants.
Important Notice for Purchasers At WPG Sales & Lettings, we strive to ensure all listing details are as accurate and up to date as possible.
However, these particulars do not constitute or form part of any offer or contract and should not be relied upon as statements of fact.
Any services, systems, or appliances listed have not been tested and are not guaranteed.
Floorplans, measurements, and other layout information are provided for guidance only and should be independently verified. For further information or clarification, please contact us directly.
Submitting an Offer All offers must be supported with full financial verification, including: A mortgage Agreement in Principle (where applicable) Proof of deposit or available funds Full chain details, including contact information for selling agents and solicitors involved In accordance with current Money Laundering Regulations, proof of identity will be required from all prospective buyers before an offer can be formally accepted.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Worsdell Drive, Gateshead, Tyne And Wear, NE8
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