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Baltic Quay, Mill Road, Gateshead, Tyne and Wear, NE8 3QZ

PROPERTY TYPE

Penthouse

BEDROOMS

3

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Penthouse
  • Private Balconies
  • Open Plan Living
  • Two secure parking spaces
  • Secure Gated Parking
  • High Yield Investment

Description

An exceptional opportunity awaits property investors to acquire this stunning three-bedroom penthouse apartment, perfectly situated on Mill Road in the vibrant Gateshead area. Offered for sale at a fixed price of £460,000, this magnificent property represents a prime investment in modern urban living, blending luxurious finishes with unparalleled convenience and security, specifically appealing to the discerning professional rental market.


This penthouse is strategically located to capitalise on the high rental demand in the Quayside area, a hub for professionals working in Newcastle and Gateshead. Its luxury features and secure amenities make it highly attractive to tenants seeking premium accommodation, ensuring strong rental yields and consistent occupancy. The provision of two secure, gated parking spaces is a significant draw, offering a competitive edge in a market where parking is at a premium.


Upon entering, the expansive and thoughtfully designed open-plan living area immediately impresses. This space is bathed in natural light, creating an inviting and airy atmosphere ideal for both relaxation and entertaining, a key feature sought by professional tenants. The seamless flow between the living, dining, and kitchen zones enhances the sense of space, making it a truly versatile environment. High-quality flooring and contemporary decor throughout underscore the property's premium feel, appealing to a high-calibre tenant base.


The kitchen area is a chef's delight, featuring sleek, integrated appliances, ample storage, and stylish countertops. It is perfectly positioned to remain part of the social hub while offering all the practicalities required for modern culinary pursuits. From the main living area, access is granted to one of the property's two private balconies, providing an ideal spot for morning coffee or evening drinks whilst enjoying elevated views, an attractive lifestyle feature for tenants.


This penthouse boasts three generously proportioned bedrooms, each designed with comfort and tranquility in mind. The master bedroom is a true sanctuary, complete with its own en-suite bathroom, offering a private retreat. This bedroom also benefits from direct access to a second private balcony, providing an exclusive outdoor space to unwind. The additional two bedrooms are equally well-appointed, offering flexibility for guests, a home office, or shared accommodation, catering to various tenant needs.


In addition to the en-suite, there is a second, elegantly fitted family bathroom, ensuring ample facilities for residents and visitors alike. Both bathrooms feature contemporary fixtures and fittings, reflecting the overall high standard of the property, which is crucial for attracting and retaining quality tenants.


One of the standout investment features of this penthouse is the provision of two secure, gated parking spaces. This is a significant advantage in an urban setting, offering peace of mind and convenience for vehicle owners, and is a highly sought-after amenity that commands a premium in rental value. The secure gated parking ensures both safety and easy access, enhancing the property's overall appeal to professionals.


Located on Mill Road, the property benefits from excellent transport links and is within easy reach of Gateshead's extensive array of amenities. Residents will find themselves close to a variety of shops, restaurants, cultural attractions, and leisure facilities. The proximity to major road networks and public transport options makes commuting straightforward, connecting tenants effortlessly to Newcastle city centre and beyond, further solidifying its investment potential.


This penthouse offers a rare combination of space, luxury, and security, making it an ideal acquisition for property investors seeking strong rental returns and long-term capital appreciation. Its appeal to professional tenants in the high-demand Quayside area, coupled with its premium features and secure parking, positions it as a robust addition to any investment portfolio. Early viewing is highly recommended to fully appreciate the quality and investment appeal of this exceptional Gateshead property.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: G
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Gated
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Baltic Quay, Mill Road, Gateshead, Tyne and Wear, NE8 3QZ

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Affordability

Monthly repayments£2,307
Property: £ 460,000
Deposit: £ 46,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Greetham Gilbert, Jesmond

25 Osborne Road, Jesmond, Newcastle Upon Tyne, NE2 2AH

Greetham Gilbert is a tech-based, forward-thinking estate agency, we are revolutionising the real estate industry by seamlessly integrating technology, innovation, and marketing excellence. We embrace cutting-edge advancements to transform the way properties are bought, sold, and showcased. Through our forward-thinking approach, we leverage the power of data analytics, and artificial intelligence to provide unparalleled insights and experiences for our clients. Our editorial standard marketing ensures that every property we represent receives strategic and targeted promotion across various channels, captivating potential clients and maximising exposure. With our tech-driven mindset, we constantly adapt and evolve to stay ahead of industry trends, delivering exceptional results and surpassing expectations. Experience the future of real estate with our visionary team, where technology meets innovation and marketing excellence to redefine the way properties are bought, sold and let.

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Disclaimer - Property reference GRT_GRT_LFSYCL_815_991525283. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Greetham Gilbert, Jesmond. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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