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For sale
£145,000

Colombo Square, Ochre Yards, Gateshead, NE8 2DF

2bedrooms
2bathrooms
Apartmenttype
764sq ft
Leaseholdtenure

Listed 4 Aug 2026 · Gateshead

How the price compares

This home£145,000£190 per sq ft
Median 2 bed in NE8£120k92 homes listed · £165 per sq ft
Difference+21%above the area median

Key features

  • TWO DOUBLE BEDROOMS
  • BATHROOM & EN SUITE
  • SPACIOUS OPEN PLAN LIVING & DINING ROOM
  • ALLOCATED PARKING
  • BALCONY
  • 1ST FLOOR
  • CURRENTLY LET FOR £775PCM ON A MONTHLY BASIS, ACHIEVING A RENTAL YIELD OF 6.4%
  • RIVERSIDE DEVELOPMENT
  • GATESHEAD LOCATION
  • GOOD ACCESS TO NEWCASTLE CITY CENTRE

About this home

2 BED, 2 BATH APARTMENT WITH PARKING. Welcome to this delightful apartment located in the sought-after Ochre Yards development at Colombo Square. This modern residence offers a perfect blend of comfort and convenience, making it an ideal choice for those seeking a vibrant urban lifestyle.

Spanning an impressive 764 square feet, this first-floor apartment features a spacious open-plan living area that is perfect for both relaxation and entertaining. The well-designed layout includes two generously sized double bedrooms, providing ample space for rest and privacy. The modern bathroom is tastefully appointed, ensuring a pleasant experience for residents and guests alike.

One of the standout features of this property is the charming balcony, which offers a lovely outdoor space to enjoy fresh air and views of the surrounding area. Additionally, the apartment comes with allocated parking, a valuable asset in this bustling location, and the presence of an on-site caretaker and security adds an extra layer of peace of mind.

Situated just a short walk from Newcastle city centre, residents will benefit from easy access to a wide array of shops, restaurants, and cultural attractions. This popular development is perfect for those who appreciate the vibrancy of city living while enjoying the comforts of a modern home.

In summary, this apartment at Colombo Square is a fantastic opportunity for anyone looking to embrace a contemporary lifestyle in a prime location. With its spacious layout, modern amenities, and proximity to the heart of Newcastle, it is sure to appeal to a variety of buyers or renters. Don’t miss the chance to make this wonderful property your new home.

Property details

Property type
Apartment
Size
764 sq ft / 71 sq m
Council tax band
C
Tenure
Leasehold
Lease remaining
107 years left
Service charge
£2,435.44 per year
Parking
Yes

Location

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  • Newcastle Central Station0.4 mi
  • Manors Station0.8 mi
  • St James Station0.9 mi

What nearby homes sold for

Median sold prices in NE8 over the last 12 months: flat £107k · terraced £176k · semi-detached £165k · detached £240k.

AddressTypeSoldPrice
29 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
30 Mar 2026£108,500
74 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
30 Jan 2026£150,000
1 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
23 Jan 2026£130,000
10 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
23 Oct 2025£117,000
95 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
20 Aug 2025£74,000
48 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
31 Jul 2025£165,000
57 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
27 Jun 2025£155,000
100 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
20 Jun 2025£159,950
38 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
28 Feb 2025£150,000
61 Colombo Square
Gateshead NE8 2DF
Flat
Leasehold
24 Jan 2025£160,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE8

Buying costs

Monthly repayment£725£14,500 deposit · £130,500 loan
Stamp Duty£400England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by The Good Estate Agency, Manchester on Rightmove (original listing). First listed 4 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 09/05/2025.

Agent disclaimer

Disclaimer - Property reference 33331541. 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.

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