Studio apartment for sale

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Studio apartment for sale

171 Baltic Quay, Mill Road, Gateshead, Tyne and Wear NE8 3QZ
£45,000

Our Summary

  • Online Auction 14th - 15th October 2025
  • Auction House North West have not inspected but have been advised that this is a first-floor studio apartment
  • IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid
  • If you are the successful bidder, you are required to pay the deposit and auction fees immediately

Description

This is a first-floor studio apartment located in the Baltic Quay development, close to all amenities. The property is believed to have an open-plan living room and kitchen, bedroom area, and bathroom, with a total approximate floor area of 45m2 and an energy rating grade C. The leasehold property has 228 years remaining on the term, with a ground rent of £150 per annum and an unknown service charge. The EPC shows the property is rated C for energy efficiency. The property is being sold with a rental potential of £850 per calendar month. It's important to note that all services and appliances have not been tested, and buyers are advised to carry out their own due diligence. The property is being sold at auction on October 14th-15th, 2025, with finance available for successful bidders.