We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE8 3QZ
Sold STCReduced £10.1k (−5.9%) on 26 OctListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of Mill Road, Gateshead, Baltic Quay is a stunning two-bedroom apartment on the 5th floor offers a luxurious living experience with breathtaking views of all iconic Newcastle bridges and the Baltic center of contemporary art.
As you step into this modern apartment, you are greeted by a spacious hallway, lounge perfect for entertaining guests or simply unwinding after a long day.
The well-appointed kitchen is ideal for whipping up culinary delights while enjoying the panoramic views of Newcastle Quayside from the balcony.
The apartment boasts two double bedrooms, one of which features an en suite for added convenience. The sleek bathrooms provides a tranquil space to relax.
Access to this stunning apartment is secure and convenient, thanks to the intercom system.
Whether you choose to use the lift or the stairs, you'll find easy access to all floors of this well-maintained building.
Additionally, the communal parking ensures that you never have to worry about finding a spot for your vehicle.
Don't miss this opportunity to own a piece of luxury living in a prime location with unparalleled views. Book a viewing today and experience the charm of this remarkable apartment for yourself.
Communal Entrance - Apartment Hallway - Lounge With Access To Balcony - Kitchen - Bedroom One - En Suite - Bedroom Two - Shower Room / W.C.
- External - Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.
Material Information - FLOOD RISK - No risk LOCAL AUTHORITY - Gateshead BT & SKY AVAILABLE - yes BROADBAND - Basic - Superfast - Ultrafast MOBILE COVERAGE - EE, Vodafone, Three, O2 Tenure - Gordon Brown Estate Agents have not seen any legal written confirmation to be able to currently advise on the tenure of the property.
Therefore we are unable to advise on the tenure at this stage. Please call us on for clarification before proceeding to purchase the property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Baltic Quay, Mill Road, Gateshead
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