Bricks & Mortar
Tel: 0191 230 5577
140 New Bridge Street
Newcastle upon Tyne
NE1 2SZ
Mill Road, Gateshead
Offers In The Region Of £150,000
2 Bedroom
- Spacious Apartment
- Investment Opportunity
- 6.6% Yield, net of Service Charge and Ground Rent
- Allocated Parking
- Ensuite Bathrooms
- Large Living Area
- Close to City Centre
- Access to Newcastle Quayside via Gateshead Millennium Bridge
- Currently tenanted at £1100 per calendar month
Offers in the Region Of £150,000 - Bricks & Mortar are pleased to present this well-proportioned two-bedroom, two-bathroom apartment, offering an exceptional investment opportunity in a prime urban location. Spanning approximately 797 square feet, this modern residence combines contemporary living with strong rental appeal.
Constructed in 2003, the apartment features a spacious reception room, a fully fitted kitchen, and two generous bedrooms, all designed with practicality and tenant comfort in mind. The property also benefits from an allocated parking space – a valuable asset in the city.
Notably, all cladding and building safety works have been completed, providing added peace of mind for buyers and ensuring mortgageability.
Situated just a few minutes’ walk from the iconic Newcastle Quayside and Millennium Bridge, the apartment offers immediate access to a wide range of popular amenities, restaurants, and cultural attractions. Its highly desirable location ensures strong tenant demand, particularly from city-based professionals.
Currently generating a net rental yield of 6.6%, this property is ideal for investors seeking a well-located, low-maintenance addition to their portfolio with consistent rental returns.
In summary, this Baltic Quay apartment represents a smart and strategic investment opportunity in one of Newcastle’s most vibrant and accessible areas. Early viewing is highly recommended to secure this high-performing asset.
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.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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