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For sale
£130,000Offers over

Baltic Quay, Mill Road, Gateshead, NE8 3QW

2bedrooms
1bathroom
Apartmenttype
529sq ft
Leaseholdtenure

Listed 20 Apr 2026 · Gateshead

How the price compares

This home£130,000£246 per sq ft
Median 2 bed in NE8£120k92 homes listed · £165 per sq ft
Difference+8%above the area median

Key features

  • Second-floor 2-bed apartment in Baltic Quay, Gateshead Quayside
  • Strong investment opportunity with 8.55% rental yield
  • Generating annual rental income of £14,400
  • Bright open plan living/kitchen area
  • Large windows, neutral décor, wood-effect flooring
  • Stylish kitchen with integrated appliances
  • Spacious master bedroom with fitted wardrobe
  • Versatile second bedroom ideal for office or guest room
  • Modern bathroom with shower over bath
  • Allocated parking and secure entry, close to Quayside amenities

About this home

Hive Estates presents this beautifully designed second-floor, two-bedroom apartment within the highly sought-after Baltic Quay development on Gateshead Quayside. Offering an impressive rental yield of 8.55% and generating an annual rental income of £14,400, this property presents an excellent investment opportunity alongside stylish modern living. Benefiting from access to a private residents’ courtyard, the apartment combines contemporary interiors with a prime riverside location.

The spacious open plan living, dining, and kitchen area is bright and welcoming, enhanced by large windows, neutral decor, and warm wood effect laminate flooring in the living space. The contemporary kitchen is finished to a high standard, featuring light grey tiled flooring, sleek black cabinetry, and contrasting grey worktops. It is well equipped with integrated appliances, including an oven, hob, and washing machine, making it ideal for convenient modern living.

The master bedroom is generously proportioned, offering grey carpeting, neutral decor, and large windows that fill the room with natural light. It also benefits from a fitted sliding door wardrobe providing excellent storage. The second bedroom is equally well-sized and highly versatile, suitable as a guest room, home office, or dressing room, and continues the same tasteful decor and flooring throughout. The stylish bathroom is finished with grey wall tiles and white floor tiles, and includes a shower over the bath, wash basin, WC, and a chrome towel radiator, creating a clean and contemporary feel.

Externally, the property includes an allocated parking space and secure entry via fob and keycode access. The development is immaculately maintained, with a landscaped communal courtyard exclusively for residents access.

Perfectly positioned just a short walk from the vibrant Newcastle Quayside, with its array of bars, restaurants, and shops, and offering easy access via the Millennium Bridge, this apartment presents an excellent opportunity for those seeking stylish city living in a highly desirable location.

Lounge/Kitchen - 2.91 x 5.54 (9'6" x 18'2") -

Bedroom 1 - 2.93 x 4.01 (9'7" x 13'1") -

Bedroom 2 - 3.85 x 2.75 (12'7" x 9'0") -

Bathroom - 2.00 x 1.40 (6'6" x 4'7") -

Property details

Property type
Apartment
Size
529 sq ft / 49 sq m
Council tax band
C
Tenure
Leasehold
Lease remaining
225 years left
Ground rent
£150 per year (Ask agent about the review period)
Service charge
£3,128.88 per year
Parking
Yes

Floorplan

Baltic Quay, Gateshead.jpg

Location

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  • Manors Station0.5 mi
  • Newcastle Central Station0.8 mi
  • Gateshead Stadium Tram Stop0.8 mi

What nearby homes sold for

Median sold prices in NE8 over the last 12 months: flat £107k · terraced £176k · semi-detached £165k · detached £240k.

AddressTypeSoldPrice
21 Baltic Quay, Mill Road
Gateshead NE8 3QW
Flat
Leasehold
7 Aug 2026£155,000
18 Baltic Quay, Mill Road
Gateshead NE8 3QW
Flat
Leasehold
19 May 2026£178,000
23 Baltic Quay, Mill Road
Gateshead NE8 3QW
Flat
Leasehold
13 Mar 2026£150,000
41 Baltic Quay, Mill Road
Gateshead NE8 3QW
Flat
Leasehold
11 Jan 2024£120,750

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE8

Buying costs

Monthly repayment£650£13,000 deposit · £117,000 loan
Stamp Duty£100England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Hive Estates, Newcastle upon Tyne on Rightmove (original listing). First listed 20 Apr 2026; details checked 7 Nov 2026. Latest change: added on 20/04/2026.

Agent disclaimer

Disclaimer - Property reference 34612735. 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 Hive Estates, Newcastle upon Tyne. 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.

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