Modern riverside apartment with balcony, garage and strong rental potential.
River and city views from balcony
Secure garage parking with remote access
Long lease remaining (225 years)
Fully double-glazed throughout
Electric room heaters — higher running costs
Located in a high-crime, deprived neighbourhood
Public notice/recession/repossession on record
Good transport links and nearby amenities
This two-bedroom apartment at Baltic Quay offers contemporary riverside living and reliable rental appeal in a well-known Gateshead development. The living room opens onto a balcony with city and river views, and the property includes a secure garage parking space — useful in a dense urban location.
The kitchen is fitted with integrated appliances and light-wood units; the home is fully double-glazed and benefits from a long lease of 225 years. These features support a low-maintenance tenancy and straightforward property management for an investor or a first-time buyer seeking buy-to-let potential.
Buyers should note material drawbacks: the property uses electric room heaters which can raise running costs, and the immediate area records very high crime and significant deprivation. There is an active public notice indicating a recent offer and potential repossession interest; interested parties must follow the notice period and procedures.
Overall this is a practical, modern flat with clear income potential from lets due to its riverside position and transport links, but it carries locational risk factors and higher occupant-running costs that should be factored into any purchase or rental strategy.
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