- 2 Bedroom Apartment +
- No Onward Chain +
- Ground Floor +
- Great Investment Opportunity or First Time Purchase +
- Modern Fittings Throughout +
- Potential Yield of Over 10% +
- Built-In Wardrobe +
- Private Balcony +
- Close to City Centre +
- 226 Year Lease +
We are delighted to bring to market this exceptional 2-bedroom ground floor apartment, ideally situated on Mill Road in Gateshead. This property presents an outstanding opportunity for first-time buyers or astute investors, with the added advantage of no upward chain. The apartment's potential is evident in its impressive rental history, having previously generated £1200 per calendar month, translating to an attractive 11% yield.
The thoughtfully designed layout maximizes both space and comfort. At its heart is a spacious open-plan kitchen/lounge/diner, featuring modern fittings and integrated appliances - perfect for contemporary living and entertaining. The apartment boasts two generously sized double bedrooms, with the primary bedroom benefiting from a convenient built-in wardrobe. Completing the living space is a stylishly appointed 3-piece bathroom, fitted to a high standard.
Location is key, and this property doesn't disappoint. Situated in Gateshead, it offers easy access to local amenities and shops for day-to-day convenience. For those seeking urban excitement, Newcastle city centre is just a leisurely 20-minute walk away, providing a wealth of cultural, dining, and entertainment options.
Given its attractive features, prime location, and strong investment potential, we strongly recommend arranging a viewing to fully appreciate the exceptional opportunity this property presents.