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1 bedroom flat for sale
Mill Road, Gateshead, Tyne and Wear, NE8 3QZ
£120,000
Mill Road, Gateshead, Tyne and Wear, NE8 3QZ
£120,000
Price History
Initial price | £135,000 |
05/11/24 | £125,000 |
05/12/24 | £120,000 |
Price Change | -11.11% |
Description
This 1-bedroom apartment is located in the sought-after Baltic Quays development, just moments from the Gateshead Millennium Bridge and the River Tyne. The ground-floor property is fully accessible for wheelchairs and has a gentle path leading to it from the car park and street. The apartment offers uninterrupted views of the river bank and Newcastle Quayside, making it an ideal base for those who love culture and outdoor activities. The interior features an open-plan kitchen, dining, and lounge area, one bedroom, and a main bathroom, as well as one secure parking bay. With a recent rental income of £1,200 per month, this property represents a 9.3% gross yield, making it a great investment opportunity for first-time buyers, those looking for a pied-a-terre, or investors. An early internal inspection is highly recommended to appreciate the quality and value of the accommodation on offer.