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Colombo Square, Ochre Yards, Gateshead

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

463 sq ft

43 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • ONE BEDROOM APARTMENT
  • 2ND FLOOR
  • ALLOCATED PARKING
  • JULIET BALCONY
  • SPACIOUS OPEN PLAN LIVING & DINING ROOM
  • FITTED KITCHEN
  • STYLISH TILED BATHROOM WITH SHOWER OVER BATH
  • OCHRE YARDS DEVELOPMENT
  • POPULAR QUAYSIDE LOCATION
  • CURRENTLY LET UNTIL 7/3/26 AT £825PCM, ACHIEVING AN EXCELLENT RENTAL YIELD OF 9.0%

Description

1 BED APARTMENT WITH PARKING. Nestled in the heart of Colombo Square, Gateshead, this charming one-bedroom apartment offers a perfect blend of modern living and convenience. Situated on the second floor, the property spans an inviting 463 square feet, providing ample space for comfortable living.

As you enter, you are greeted by an open-plan living area that seamlessly integrates the fitted kitchen, making it ideal for both entertaining guests and enjoying quiet evenings at home. The modern bathroom is designed with contemporary fixtures, ensuring a pleasant experience for residents. A delightful Juliet balcony adds a touch of elegance, allowing natural light to flood the space while offering a lovely view of the surroundings.

This apartment comes with the added benefit of allocated parking for one vehicle, a valuable feature in this bustling area. The Ochre Yards development is well-maintained, with a caretaker on-site, ensuring a secure and pleasant living environment.

Currently let until 7th March 2026 at a competitive rate of £825 per calendar month, this property achieves an impressive rental yield of 9.0%. This makes it an excellent investment opportunity for those looking to enter the rental market or expand their property portfolio.

With its prime location close to Newcastle city centre, residents will enjoy easy access to a wealth of amenities, including shops, restaurants, and public transport links. This apartment is not just a home; it is a gateway to a vibrant lifestyle in one of the North East's most sought-after areas. Whether you are a first-time buyer or an astute investor, this property is sure to impress.



Brochures

COLOMBO SQUARE, OCHRE YARDS, GATESHEAD
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Colombo Square, Ochre Yards, Gateshead

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Affordability

Monthly repayments£552
Property: £ 109,950
Deposit: £ 10,995
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About The Good Estate Agency, Manchester

The Good Estate Agency, 68 Quay Street, Manchester, M3 3EJ

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Established in 2011, The GEA sells property across the UK, supported by a senior team with decades of industry experience and recognised professional qualifications.

If you're considering selling, we'd be delighted to provide a confidential, no-obligation market appraisal and show you how we would position your property for today's market.

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Disclaimer - Property reference 33876390. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The Good Estate Agency, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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