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See how verdicts work2-bedroom flat · NE8 3QW
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the ever-popular Baltic Quay development on Gateshead Quayside, this spacious two-bedroom apartment offers well-presented accommodation, secure allocated parking, and the convenience of city living just moments from Newcastle's vibrant centre.
The apartment extends to approximately 814 sq. Ft. (75.6 sq.
M.) and briefly comprises a welcoming entrance hall, generous lounge with access to a private balcony, fitted kitchen, two double bedrooms, with the principal bedroom benefiting from an en-suite shower room, and a separate family bathroom.
The balcony provides an ideal outdoor seating area, perfect for relaxing or entertaining.
Baltic Quay enjoys a highly desirable riverside location, within easy reach of the Quayside's restaurants, bars, cultural attractions and excellent transport links, making it an ideal purchase for owner-occupiers and investors alike.
Early viewing is highly recommended to appreciate the size, location and lifestyle this apartment has to offer.
Key Features Two-bedroom apartment Sought-after Baltic Quay development Spacious lounge with balcony access Fitted kitchen Principal bedroom with en-suite Separate bathroom Private balcony Allocated parking space Approx.
814 sq. Ft. (75.6 sq.
M.) EPC Rating C Council Tax Band D Leasehold Information Lease Remaining: 102 years Ground Rent: £150 per annum Service Charge: £3,100 per annum Tenure Leasehold Material Information Council Tax Band: D (Gateshead Council) EPC Rating: C Allocated Parking: Yes Tenure: Leasehold Lease Length Remaining: 102 Years Ground Rent: £150 per annum Service Charge: £3,100 per annum Agents Note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Mill Road, Tyne and Wear
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