2-bedroom house · NE8 2FF
Listing removedReduced £45 (−3.5%) on 12 AugListed 89 days · slow let
Opportunity summary
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About
AVAILABLE 30TH SEPTEMBER 2026 | TWO BEDROOM MEZZANINE APARTMENT | RESIDENT PARKING | A spacious and well-presented two-bedroom mezzanine apartment, ideally located within easy reach of Newcastle City Centre and the vibrant Quayside.
Offering a unique layout and generous living space, the property features an open-plan living, dining and kitchen area, two well-proportioned bedrooms and modern bathroom facilities.
The mezzanine design creates a bright and contemporary feel throughout, making it an ideal home for professionals.
Further benefits include resident parking, excellent transport links and convenient access to a wide range of local amenities, restaurants, bars and leisure facilities. Energy Efficiency Rating D.
Council Tax Band C. Holding Deposit: One weeks rent to reserve, then taken off move in monies. Damage Deposit: Five weeks rent. (Reposit is also available to replace the traditional deposit.
Fee and terms apply.) Entrance Open Plan Living Kitchen Area Bedroom Mezzanine Bedroom Ensuite Bathroom Material Information This property is managed by The Good Estate Agency.
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 which is ground floor level.
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 Ochre Mews, Raven Road, Gateshead, NE8
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