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2 Bed Flat, Cash/Bridging Only, Gateshead, NE8 2DF £120,000

Colombo Square, Worsdell Drive, Ochre Yards, Gateshead, NE8 2DF - 24 days ago
  1. Deal Search
  2. Gateshead
  3. NE8
  4. NE8 2DF
Leasehold
Cash
ROI: 4%
~68 m²

ValuationFair Value

This may not be accurate, please check manually.

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Property History

Listed for £120,000

November 12, 2025

Floor Plans

Description

  • Second Floor Apartment +
  • Allocated Parking +
  • Excellent Location +
  • Approx. Floor Area: 61 sqM or 656.599 sqFT +
  • Council Tax Band C +
  • EPC RATING C +

Modern Two Bedroom Second Floor Apartment with No Onward Chain.

Perfectly located in the highly desirable Ochre Yards Development.

Offering convenient access to the City Centre and Quayside, this home is perfect for those seeking a vibrant urban lifestyle with all amenities close by.

Similar apartments in the block let for around £900pcm.

The property features an entrance hall with a storage cupboard that includes plumbing for a washing machine. The open-plan living and kitchen area benefits from a Juliet balcony. The kitchen is equipped with a built-in electric oven and hob with an extractor fan, as well as integrated appliances including a dishwasher and fridge/freezer.

The fully tiled bathroom/WC includes a shower over the bath and an extractor fan for added convenience. The main double bedroom also enjoys a Juliet balcony and comes with a fully tiled ensuite shower room/WC. A second double bedroom completes the accommodation.

Allocated Parking & Lift Access: Enjoy the convenience of secure allocated parking in the garage adjacent to the main communal entrance, along with easy lift access to the second floor.

Electric heating system.

Offered with no onward chain, this stylish apartment is perfect for first-time buyers, professionals, or investors alike.

We understand that the property is on a 125-year lease from 1st January 2006, leaving approximately 106 years remaining at the time of listing. We have requested details of the service charge and ground rent from our client. Please note that we have not inspected the head lease.

Please note that any services, heating system, or appliances have not been tested and no warranty can be given or implied as to their working order.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QLF250238/2

Agent Details

YOUR MOVE Chris Stonock, Low Fell

0191 625 1052

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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