Offers in region of
£140,000
(£228/sq. ft)
2 bed flat for saleBaltic Quay, Mill Road, Gateshead NE8
2 beds
1 bath
1 reception
613 sq. ft
EPC Rating: C
- Leasehold
Bricks & Mortar
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About this property
Offers in the Region of £140,000.
Second Floor
Built in 2007 with 613 sq ft of space
Spacious Open Plan Kitchen and Living Room
Intercom and Fob Entry System
Two well-proportioned bedrooms
Prime Quayside location with local amenities nearby
Currently tenanted on a rolling contract
Attractive rental yield of 5.80%
Ideal for residential buyers or investors
Lift access
Offers in the Region of £140,000. Bricks & Mortar welcomes this delightful first-floor apartment in the vibrant Baltic Quay which offers a perfect blend of modern living and an enviable location. Built in 2007, the property spans an impressive 613 square feet and features two well-proportioned bedrooms, making it an ideal choice for both residential buyers and investors.
The apartment boasts a spacious reception room that invites natural light, creating a warm and welcoming atmosphere. The contemporary design is complemented by a well-appointed bathroom, ensuring comfort and convenience for its occupants. Currently tenanted on a rolling contract, this property presents an attractive opportunity for investors, with a commendable rental yield of 5.80%.
One of the standout features of this apartment is its prime location on the Quayside, renowned for its picturesque views and vibrant community. Residents can enjoy easy access to a variety of local amenities, including shops, restaurants, and cultural attractions, all within a short stroll. The area is well-connected, making it easy to explore the wider region.
Whether you are looking to make this your new home or seeking a lucrative investment opportunity, this apartment in Baltic Quay is not to be missed. With its modern features, excellent rental potential, and superb location, it truly represents a fantastic opportunity in the heart of Gateshead.
Disclaimer – These particulars are for guidance only and do not form part of any contract. Whilst care has been taken in their preparation, we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this company.
Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. The particulars, various plans, photographs, descriptions and measurements have been carefully prepared, but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5. Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.
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More information
Tenure
Leasehold (250 years)
Service charge
£3,123 per year
Council tax band
C
Ground rent
£150
Ground rent date of next review