1-bedroom flat · NE8 2AW
Listing removedListed 45 days · slow let
Opportunity summary
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About
ONE BEDROOM APARTMENT WITH ADDITIONAL STUDY IN A STUNNING GRADE II LISTED BUILDING | Situated within the ever-popular Ochre Yards development, this beautifully presented furnished apartment offers the perfect blend of character and contemporary living.
Located within a converted Grade II listed stone building, the property enjoys excellent access to Newcastle City Centre, Gateshead Quayside and a range of transport links.
The accommodation briefly comprises; entrance hallway, spacious open-plan living area, fitted kitchen, double bedroom, additional study/home office, bathroom and separate cloakroom/WC.
Further benefits include resident parking and attractive period features throughout. Energy Efficiency Rating E. Council Tax Band C.
Holding deposit: One weeks rent to reserve, then taken off move in monies. Damage Deposit: Five weeks rent. Entrance Hall Entryphone system.
Cloakroom/WC WC, pedestal wash hand basin, storage cupboard housing hot water cylinder and washing machine, extractor fan.
Open Plan Living/Kitchen Area Living Area Two character sash windows to front elevation with dual aspect, two wall mounted electric heaters, television aerial point.
Kitchen Area Range of wall and base units with work surfaces incorporating; stainless steel sink unit with mixer tap, electric oven and hov with extractor fan above, built in fridge/freezer and dishwasher, under counter lighting.
Bedroom Character sash window to front elevation, wall mounted electric heater, downlights.
Ensuite Bathroom Panelled bath, double shower unit, WC, pedestal wash hand basin, wall mounted electric heater, tiled walls, extractor fan. Study Room Internet point, ceiling light.
Material Information This property is managed by the landlord.
Tenure: We have been advised the property is leasehold (Please note the service charge and ground rent are payable by the landlord not tenant). Council Tax: Band C.
Authority; Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property. Heating is via electric heaters.
Broadband: Follow the link to check broadband providers and speeds; broadbandcheck.co.uk Mobile Phone Coverage: Follow the link to check mobile signal for all networks;signalchecker.co.uk Parking: There is an allocated parking bay.
We have not been advised of any restrictive Covenants at the outset of marketing.
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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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 Kenilworth House, Fletcher Road, Gateshead, NE8
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