Guide price
£90,000
2 bed flat for saleFlat 44 Marmion Court Worsdell Drive, Gateshead, Tyne And Wear NE8
2 beds
EPC Rating: C
Just added
Auction
About this property
For sale by online auction on Tuesday, 21 Jul 2026 ending at 11:02
two bedroom apartment with allocated parking
let to longstanding tenants! Generating £1,200Ppcm (£14,400 annually)!
An excellent opportunity to acquire a fully tenanted investment property, with longstanding tenants since October 2024. Generating an income of £1,200 pcm from October 2025, £14,400 annually! The flat benefits from a valid EPC until January 2034 and an eicr until September 2029, providing compliance and peace of mind.
The apartment has an entrance hall with a large storage cupboard, an open-plan lounge/dining/kitchen fitted with integrated appliances including fridge/freezer, oven, microwave, electric hob and dishwasher. There are two double bedrooms, both featuring French doors opening onto Juliet balconies. The main bedroom includes an ensuite shower room, in addition to a separate main bathroom.
Additional features include a secure telephone entry system and lift access to all floors.
Externally, the property benefits from an allocated parking space along with ample visitor parking.
Situated within the Ochre Yards development on the south bank of the River Tyne, the property is within easy walking distance of Newcastle city centre and the popular Quayside.
Leasehold information: We understand the property is held on a 125-year lease from 1 January 2012 (approximately 110 years remaining). Ground rent is approximately £165 per annum, with a service charge of £2,508.40 per annum (£209.03 pcm). All details to be confirmed by solicitors.
Tenure: FreeholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3600 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
two bedroom apartment with allocated parking
let to longstanding tenants! Generating £1,200Ppcm (£14,400 annually)!
An excellent opportunity to acquire a fully tenanted investment property, with longstanding tenants since October 2024. Generating an income of £1,200 pcm from October 2025, £14,400 annually! The flat benefits from a valid EPC until January 2034 and an eicr until September 2029, providing compliance and peace of mind.
The apartment has an entrance hall with a large storage cupboard, an open-plan lounge/dining/kitchen fitted with integrated appliances including fridge/freezer, oven, microwave, electric hob and dishwasher. There are two double bedrooms, both featuring French doors opening onto Juliet balconies. The main bedroom includes an ensuite shower room, in addition to a separate main bathroom.
Additional features include a secure telephone entry system and lift access to all floors.
Externally, the property benefits from an allocated parking space along with ample visitor parking.
Situated within the Ochre Yards development on the south bank of the River Tyne, the property is within easy walking distance of Newcastle city centre and the popular Quayside.
Leasehold information: We understand the property is held on a 125-year lease from 1 January 2012 (approximately 110 years remaining). Ground rent is approximately £165 per annum, with a service charge of £2,508.40 per annum (£209.03 pcm). All details to be confirmed by solicitors.
Tenure: FreeholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3600 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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