2-bedroom flat · NE8 2DA
To rentListed 11 days
Opportunity summary
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About
Two bedroom apartment located in the popular Ochre Yards Development which is situated on Gateshead Quayside and is only a short walk to Newcastle City Centre.
Brief information - Two Double Bedrooms - Furnished - Located in Trigo House, Ochre Yards - Fully repainted and newly carpeted throughout - One Allocated Parking Space - Ideally Located for Walking to The Quayside and Newcastle City Centre - Available Now - EPC Rating B Accommodation Trigo House is a recently built two bedroom, unfurnished apartment located in the Ochre Yards Development.
The accommodation comprises of a great size Kitchen/Living room with the kitchen benefiting from an installed Fridge/Freezer and dishwasher, main bedroom with ensuite, second double bedroom and a bathroom fitted with wash basin, WC and a bath.
There is a cupboard in the hallway which has an installed washing machine and one allocated parking space.
The Location Trigo House is situated in the popular development of Ochre Yards which is on Gateshead Quayside. It is an expansive development of multi-storey flats on the banks of the River Tyne.
It offers great links to Newcastle City Centre, A1, A19 and the Metro Centre all of which are easily accessible.
Approximately Newcastle City Centre is located 1.4 miles away and is a lovely walk over one of the historic bridges being either the Tyne Bridge or High Level Bridge.
You can walk directly down onto the Quayside and also walk over the Swing Bridge or Millennium Bridge. Along with this there is a large Tesco Supermarket which is approximately 0.5 miles away.
Holding Deposit - 276.00 Schools NEAREST STATIONS Gateshead Stadium Metro Station 0.4 miles Newcastle Central Station 0.5 miles Manors Station 0.8 miles
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
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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 Trigo House, Worsdell Drive, Gateshead Central, Gateshead
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