Willbrook House

Willbrook House, Ochre Yards, Ochre Yards, Worsdell Drive, Gateshead, NE8 2AZ

Asking Price: £125,000
Tenure: Leasehold | Council Tax Band C | EPC: C

Contemporary Riverside Living in a Prime Location

Situated on the third floor of the ever-popular Ochre Yards development, this impressive two-bedroom, two-bathroom apartment offers stylish, low-maintenance living in a highly sought-after riverside setting.

Perfectly positioned close to the River Tyne, the property enjoys excellent access to Newcastle city centre and Gateshead, with superb local amenities, restaurants, bars and transport links all within easy reach.

The Property

This bright and airy apartment has been thoughtfully designed to maximise space and natural light. The accommodation briefly comprises:

• Welcoming entrance hallway
• Spacious open-plan lounge/kitchen/diner
• Feature door opening onto a private balcony
• Modern fitted kitchen with integrated appliances and white goods
• Two generous double bedrooms
• Principal bedroom with en-suite facility
• Contemporary shower room WC
• Handy utility area

Location

Ochre Yards remains one of Gateshead’s most popular residential developments, offering:

• Excellent local amenities
• Riverside walks along the Quayside
• Easy access to Newcastle city centre
• Convenient public transport links, including Gateshead Metro
• Nearby pubs, restaurants and leisure facilities

This vibrant development continues to experience strong residential and rental demand.

Leasehold Information

We have been advised that the property is leasehold with a 125-year lease from 01/01/2004.

• Ground Rent: £258.17 per annum (information provided by landlord)
• Service Charge: £1,620 per annum (information provided by landlord)
• Ground rent increases every five years in line with the Retail Price Index

Material Information

• Block Management: Kingston Property Services
• Council Tax: Band C – Gateshead Council
• Utilities: Mains sewerage, water and electricity connected
• Heating: Electric heating system
• Please note: There is no gas supply to the property
• Work are currently being carried out on the building work regarding cladding which we have been made aware is at no expense to the owner

Investment Highlights

58 Willbrook House presents an excellent opportunity for investors seeking a high-yielding, low-maintenance apartment:

CLICK ON THE FOLLOWING LINK TO SEE RENTAL PROPERTIES AT THE HIGHER FIGURE QUOTED ABOVE – CLICK HERE

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