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Mill Road, Gateshead, NE8
For saleReduced 17 Sept 2026
£115,000Offers over

Mill Road, Gateshead, NE8 3QY

2bedrooms
2bathrooms
Flattype
721sq ft

Listed 13 Aug 2026 · price reduced 17 Sept 2026 · Gateshead

How the price compares

This home£115,000£160 per sq ft
Median 2 bed in NE8£120k92 homes listed · £165 per sq ft
Difference-4%in line with the area

Key features

  • Shared Private Parking
  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • RICS Level 2 Survey Available Upon Enquiry

About this home

Our latest listing is a 2 bedroom Flat located in Gateshead. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, lounge, kitchen, bathroom, and shared private parking.

Investment details

It currently produces an annual gross income of £12,000 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

There are tenants that currently reside in the property and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Property details

Property type
Flat
Size
721 sq ft / 67 sq m
Council tax band
D
Parking
Yes

Floorplan

Floor plan

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
135 Baltic Quay, Mill Road
Gateshead NE8 3QY
Flat
Leasehold
17 Jul 2026£115,000
18 Baltic Quay, Mill Road
Gateshead NE8 3QW
Flat
Leasehold
19 May 2026£178,000
224 Baltic Quay, Mill Road
Gateshead NE8 3QZ
Flat
Leasehold
8 May 2026£151,000
23 Baltic Quay, Mill Road
Gateshead NE8 3QW
Flat
Leasehold
13 Mar 2026£150,000
212 Baltic Quay, Mill Road
Gateshead NE8 3QZ
Flat
Leasehold
13 Jan 2026£122,000
214 Baltic Quay, Mill Road
Gateshead NE8 3QZ
Flat
Leasehold
12 Jan 2026£136,000
93 Baltic Quay, Mill Road
Gateshead NE8 3QX
Flat
Leasehold
6 Jan 2026£65,000
149 Baltic Quay, Mill Road
Gateshead NE8 3QY
Flat
Leasehold
12 Dec 2025£155,000
171 Baltic Quay, Mill Road
Gateshead NE8 3QZ
Flat
Leasehold
30 Oct 2025£63,000

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£575£11,500 deposit · £103,500 loan
Stamp Duty£0England 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 Let Property Sales & Management, Glasgow on Rightmove (original listing). First listed 13 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 17/09/2026.

Agent disclaimer

Disclaimer - Property reference 227412881. 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 Let Property Sales & Management, Glasgow. 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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