Summary - THE STEPHENSON 4 NORTH SIDE GATESHEAD NE8 2BF
2 bed 1 bath Apartment
Compact two-bedroom flat ideal for first-time buyers or downsizers seeking waterside location.
River Tyne and Dunston Staiths views
Set on the ground floor of The Stephenson, this two-bedroom apartment offers direct views over the Dunston Staiths and the River Tyne. The living room opens onto communal gardens via patio doors, while a fitted kitchen and modern bathroom complete the accommodation. At about 614 sq ft the layout is compact and efficient — well suited to first-time buyers or anyone looking to downsize.
Practical features include allocated off-street parking, secure intercom entry, lift access, double glazing and a long lease (127 years remaining). A Pulsacoil immersion heater was installed in October 2025 and carries a 12-month manufacturer’s warranty for added hot-water reliability. Council Tax Band B and a relatively low asking price make this a modest-cost home to run.
Be clear about running costs and local context: heating is electric via room heaters, and the Energy Performance Certificate is rated D. The development levies an average service charge of £2,760 and a ground rent of £130 per year. The surrounding area is classified as deprived with higher local crime rates, which may affect suitability for some buyers.
This property suits buyers seeking a reasonably priced, move-in-ready apartment with waterside views and secure parking. It also offers investment potential given its compact size and long lease, but assess service charges, local area factors and electric heating costs before committing.
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