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For saleReduced 16 Jul 2026
£100,000

Colombo Square, Worsdell Drive, Ochre Yards, Gateshead, NE8 2DF

2bedrooms
2bathrooms
Flattype
Leaseholdtenure

Listed 12 Nov 2025 · price reduced 16 Jul 2026 · Gateshead

How the price compares

This home£100,000
Median 2 bed in NE8£120k92 homes listed · £165 per sq ft
Difference-17%below the area median

Key features

  • Second Floor Apartment
  • Allocated Parking
  • Excellent Location
  • Approx. Floor Area: 61 sqM or 656.599 sqFT
  • Council Tax Band C
  • EPC RATING C

About this home

Property Address: 15 Colombo Square, NE8 2DF

We advise that an offer has been made for the above property in the sum of £100,000. Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.

Agents Address: Your Move Low Fell, 449-451 Durham Road, NE9 5EX

Agents Telephone Number:

Modern Two Bedroom Second Floor Apartment with No Onward Chain.

Perfectly located in the highly desirable Ochre Yards Development.

Offering convenient access to the City Centre and Quayside, this home is perfect for those seeking a vibrant urban lifestyle with all amenities close by.

Similar apartments in the block let for around £900pcm.

The property features an entrance hall with a storage cupboard that includes plumbing for a washing machine. The open-plan living and kitchen area benefits from a Juliet balcony. The kitchen is equipped with a built-in electric oven and hob with an extractor fan, as well as integrated appliances including a dishwasher and fridge/freezer.

The fully tiled bathroom/WC includes a shower over the bath and an extractor fan for added convenience. The main double bedroom also enjoys a Juliet balcony and comes with a fully tiled ensuite shower room/WC. A second double bedroom completes the accommodation.

Allocated Parking & Lift Access: Enjoy the convenience of secure allocated parking in the garage adjacent to the main communal entrance, along with easy lift access to the second floor.

Electric heating system.

Offered with no onward chain, this stylish apartment is perfect for first-time buyers, professionals, or investors alike.

We understand that the property is on a 125-year lease from 1st January 2006, leaving approximately 106 years remaining at the time of listing. The service charge for 2026 is £483.33 per quarter, so £1,933.32 per annum. The ground rent which is £262.47 per annum, with period increases every 5 years in accordance with the Retail Prices Index (RPI). Please note that we have not inspected the head lease.

Please note that any services, heating system, or appliances have not been tested and no warranty can be given or implied as to their working order.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QLF250238/2

Property details

Property type
Flat
Council tax band
C
Tenure
Leasehold
Lease remaining
104 years left
Ground rent
£262.47 per year (Ask agent about the review period)
Service charge
£1,934 per year
Parking
Allocated

Floorplan

Floorplan

Location

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  • Newcastle Central Station0.5 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£500£10,000 deposit · £90,000 loan
Stamp Duty£0England 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 YOUR MOVE Chris Stonock, Low Fell on Rightmove (original listing). First listed 12 Nov 2025; details checked 7 Nov 2026. Latest change: reduced on 16/07/2026.

Agent disclaimer

Disclaimer - Property reference QLF250238. 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 YOUR MOVE Chris Stonock, Low Fell. 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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