- Fantastic investment opportunity +
- Tenant in situ +
- Impressive 7% NET yield +
- Spacious at 829 square foot of living accomodation +
- Two bed, two bath +
- Ground floor with direct outdoor access +
- Strong rental demand and yield growth +
- Secure development +
- Unrivalled location +
- Enquire for video tour +
Located in the highly sought-after Baltic Quay development on Mill Road, Gateshead Quays, this spacious two-bedroom, two-bathroom ground floor apartment offers a rare and compelling investment opportunity. At approximately 829 sq ft, it is the largest two-bedroom apartment in the development, blending generous living space with modern convenience and strong rental appeal.
Accessed via a secure entry system into a private lobby adjacent to the concierge foyer, the apartment is thoughtfully designed with double bedrooms, a main bathroom, and a master ensuite.
One of the apartment’s standout features is its private patio area, accessed directly from the living room. Overlooking landscaped grounds and offering views of the iconic Millennium Bridge and River Tyne, it provides a perfect setting for morning coffee or evening relaxation — a rare amenity within the development.
Additional highlights include allocated, secure covered parking and a well-maintained communal environment. With a front aspect facing a landscaped area and the rear enjoying elevated views, the apartment offers both charm and practicality.
Situated just over 100 yards from the Millennium Bridge, residents enjoy easy pedestrian access to Newcastle Quayside and city centre amenities — including restaurants, bars, and cultural attractions — making this a popular rental location.
Combining riverside living, exceptional space, and excellent accessibility, this Baltic Quay apartment represents a unique opportunity in one of the North East’s most dynamic and desirable areas.
Financial Breakdown
Gross Rent: £14,400.00
Net income: £11,250.00
Gross yield: 9.29%
Net yield: 7.26%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-08222