Baltic Quay, Mill Road, Gateshead, NE8
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Baltic Quay, Mill Road, Gateshead, NE8

By Living Spaces

£ 135,000

Reviews

2 out of 5 stars

Living Spaces says ..

** TWO BEDROOM APARTMENT LOCATED ON THE GATESHEAD QUAYSIDE ** Offered with no onward chain, this apartment benefits from floor to ceiling windows, lift access and caretaker service. Situated in Baltic Quay, next to the Millennium Bridge, this two bedroom apartment offers fantastic access into the...

Property Oracle says ..

This 2-bedroom, 1-bathroom apartment in Gateshead’s Baltic Quay offers a modern urban living experience. Located close to the River Tyne and the Baltic Centre for Contemporary Art, the property benefits from a vibrant cultural scene and convenient access to transport links like Manors train station, located approximately 0.95KM from the property. The apartment features a reasonable amount of space (700 sq ft) across two bedrooms and a combined kitchen/living area. However, the interior design is dated, with finishes that might require updating to meet current buyer preferences. The lack of outdoor space is a typical characteristic of apartment living in this area and might be a drawback for some buyers. The list price of £135,000 appears to be competitive within the local market, though not a bargain given comparable prices of similar properties which offer more luxury and features for a premium. Overall, the property presents a solid investment, but potential buyers should factor in potential costs for modernisation and be aware of the absence of private land.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
131,874.00 £
Decreased by 12.47 %
from 150,654.00 £
Est sale value
119,000.00 £
Decreased by 10.53 %
from 133,000.00 £
Average area rental value
1,083.00 £/mo
Increased by 0.65 %
from 1,076.00 £/mo
Est letting value
700.00 £/mo
Unchanged by 0.00 %
from 700.00 £/mo
Est rental Yield
9.85 %
Increased by 14.94 %
from 8.57 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Living Spaces created the listing.

Nearby Schools

NameTypeOfstedDistance
Gateshead CollegeFurther EducationRequires improvement0.25 KM
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood0.95 KM
The Gateshead Cheder Primary SchoolOther Independent SchoolInadequate1.10 KM
OuseburnChildren's Centre Linked Site1.31 KM
Hotspur Primary SchoolFoundation SchoolGood1.32 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Coulthards Lane £ 000.00 KM
Causey Bank £ 185,00000.00 KM
Gateshead Highway £ 000.00 KM
Back New Bridge Street £ 000.00 KM
A186 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS0.95 KM
Newcastle7728NCL2.22 KM
Heworth7766HEW4.96 KM
Dunston7744DOT5.38 KM
Metrocentre7725MCE7.65 KM

Nearby Listings

AddressPriceTypeScoreDistance
Baltic Quay, Mill Road, Gateshead £ 189,950BUY6 / 100.00 KM
Baltic Quay, Mill Road, Gateshead £ 150,000BUY5 / 100.00 KM
Baltic Quay, Mill Road, Gateshead £ 120,000BUYUnknown0.00 KM
Baltic Quay, Mill Road, Gateshead, Tyne and Wear, NE8 3QZ £ 145,000BUYUnknown0.00 KM
Baltic Quay, Quayside, NE8 £ 175,000BUY8 / 100.00 KM

Nearby Properties

AddressPriceDistance
55a City Road £ 85,0000.47 KM
63 City Road £ 119,5000.47 KM
12a Howard Street £ 110,0000.48 KM
20 Howard Street £ 92,0000.48 KM
24a Howard Street £ 120,0000.48 KM