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See how verdicts work2-bedroom flat · NE8 2AW
For saleListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and generously sized two-bedroom apartment, ideally situated within the ever-popular Ochre Yards development on Gateshead Quayside.
Offering stylish accommodation, allocated parking, and excellent access to Newcastle City Centre, this property will appeal to a range of buyers including first-time buyers, professionals, and investors alike.
The accommodation briefly comprises an open-plan kitchen diner and contemporary lounge, creating a bright and sociable living space.
The kitchen is fitted with a fridge and freezer, while the hallway also benefits from a useful storage cupboard with an installed washing machine.
There are two bedrooms, including a main bedroom with fitted wardrobes and en suite facilities, together with a second bedroom and a modern bathroom fitted with a wash basin, WC, and shower.
Kenilworth House forms part of the sought-after Ochre Yards development, located on the banks of the River Tyne and within easy reach of Newcastle City Centre.
The property enjoys excellent transport links to the A1, A19, and Metrocentre, while the city centre itself is approximately 1.4 miles away and can be reached via a pleasant walk over the Tyne Bridge or High Level Bridge.
The Quayside is also within easy walking distance, with access across the Swing Bridge and Millennium Bridge, and a large Tesco supermarket is located approximately 0.5 miles away.
Further benefits include one allocated parking space, EPC rating C, and approximately 103 years remaining on the lease. Leasehold Information Lease: Approx.
103 years remaining Service Charge: £2556,00 per annum (approx.) Ground Rent: £259.70 per annum Managing Agent: Kingston Property Services 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
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
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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 Fletcher Road, Gateshead, Tyne And Wear, NE8
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