2-bedroom flat · NE8 2AZ
To rentListed 2 days
Opportunity summary
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About
Due to very high levels of interest, we must request that all enquiries are sent via email.
You will receive an automatic reply with some questions to answer, further to which we will contact you to arrange your viewing. Rent North East have a furnished quayside apartment To Let!
Property features: Stylish two bedroom apartment in Ochre Yards, Gateshead Quayside Plants and personal items shown in images not included (they belong to current tenants).
Property is fully furnished.
Available 27th October 2026 The basics: Location: This 2 bedroom Upper Floor Flat is located on Worsdell Drive, in Gateshead, Tyne And Wear.Availability date: 27th October 2026 Rental value: Monthly Rental Of £925 Max occupancy: 2 adults What’s inside this home: Bedrooms: 2Bathrooms: 2Lounges: 1Furnished: Furnished Costs and requirements:****The following are Rent North East’s general requirements.
Please note that the landlord retains the right to change terms on a case by case basis if they feel this to be necessary. The first rent payment needs to be paid before you move into your property.
You will also need to pay a deposit to the value of 5 weeks rent prior to moving into the property. You will need to provide a guarantor. This must be someone who is a UK property owner.
Your income should be at least 2.5 times the rental value (Monthly Rental Of £925 for this property), to enable you to pay for your rent and living costs comfortably. Management type: Fully managed
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.
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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
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FAQ
About Worsdell Drive, Gateshead
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