2 Bed Flat For Sale Worsdell Drive, Gateshead, NE8

£150,000- Flat

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 18th April 2024

Description

2 BED APARTMENT WITH PARKING. An excellent, 2nd floor apartment in Colombo Square, part of the sought after Ochre Yards development. This property comprises: entrance hall, hall cupboard, two double bedrooms, bathroom and en suite to master bedroom, open plan living and dining room with balcony, through to fitted kitchen. Situated on the South bank of the Tyne, just a short walk over the bridge from Newcastle city centre, in the ever popular Quayside area. Ochre Yards has grown into a prime location for young professionals, city centre workers, and commuters wanting to make the most of all that Newcastle`s vibrant city centre has to offer, combined with close proximity to tranquil open spaces and a relatively secluded location. Currently let for £875pcm until 24/3/24, achieving a 7% gross rental yield.  
Agent Details
The Good Estate Agency
The Good Estate Agency, 10th Floor, 3 Hardman Street, Spinningfields, Manchester, M3 3HF

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£90,000
Gateshead, NE8
Flat
9.8
£165,000
Newcastle Upon Tyne, NE1
Flat
9.5
£165,000
Newcastle Upon Tyne, NE1
Flat
9.5
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested