Summary - BALTIC QUAY 129 MILL ROAD GATESHEAD NE8 3QY
2 bed 2 bath Not Specified
**Standout Features:**
- Two-bedroom, two-bathroom modern apartment
- Spacious 797 sq ft layout with allocated off-street parking
- Currently generating a strong net rental yield of 6.6%
- Located near Newcastle Quayside and Millennium Bridge
- Built in 2003 with recent safety compliance completed
- Close proximity to a variety of amenities and cultural attractions
**Potential Concerns:**
- Situated in an area with high crime rates
- Average annual service charge of £3,158
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Discover an exceptional investment opportunity with this well-proportioned two-bedroom, two-bathroom apartment in a vibrant urban setting. Spanning approximately 797 square feet, this modern residence boasts a spacious living area, fully equipped kitchen, and the convenience of an allocated parking space – a rare find in the city. Currently tenanted at £1,100 per month, the property offers a net rental yield of 6.6%, making it an attractive addition for any savvy investor looking for consistent returns.
Built in 2003, the apartment is just a short stroll from the iconic Newcastle Quayside and Millennium Bridge, placing you in the heart of the cultural and social hub of the city. While the area does experience high crime rates, the completed building safety works offer peace of mind regarding long-term value. With all the essentials for contemporary living and a prime location that garners strong tenant demand, this Baltic Quay apartment is a smart choice for those seeking a blend of comfort, accessibility, and investment potential. Don’t miss your chance—early viewing is strongly recommended to secure this high-performing asset.
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