Summary - 5 Colombo Square, Worsdell Drive, GATESHEAD NE8 2DF
1 bed 1 bath Apartment
**Standout Features:**
- Modern one-bedroom apartment on the second floor
- Allocated parking space
- Spacious open-plan living and dining area
- Stylish tiled bathroom with shower over bath
- Delightful Juliet balcony
- Excellent rental yield of 9.0%, currently let at £825 PCM until March 2026
- Prime quayside location in the popular Ochre Yards development
This contemporary one-bedroom apartment is a fantastic opportunity for investors and first-time buyers alike. Located in the vibrant Ochre Yards development in Gateshead, this second-floor residence boasts an efficient 463 square feet of living space that seamlessly integrates a spacious open-plan living area with a fitted kitchen. The stylish bathroom features modern fixtures, complemented by a charming Juliet balcony that floods the space with natural light and offers pleasant views of the bustling cityscape. An allocated parking space adds value, especially in such a desirable area.
With a current rental arrangement until March 2026 and an impressive yield of 9.0%, this property invites savvy investors looking to enhance their portfolios. Positioned close to Newcastle city centre, residents enjoy easy access to a variety of amenities, including shops, restaurants, and public transport options. While the neighborhood may experience higher crime rates, the apartment's well-maintained environment and the presence of an on-site caretaker provide a sense of security and convenience. Don’t miss out on this rare opportunity to own a piece of modern living in a cosmopolitan locale.
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