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SOLD STC

Claremont Road, Newcastle Upon Tyne

PROPERTY TYPE

Maisonette

BEDROOMS

3

BATHROOMS

2

SIZE

1,067 sq ft

99 sq m

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

  • INVESTMENT OPPORTUNITY
  • CURRENTLY TENANTED WITH NO ONWARD CHAIN
  • THREE BEDROOMS
  • HMO COMPLIANT
  • COUNCIL TAX BAND A
  • EPC D

Description

*** INVESTMENT OPPORTUNITY - HMO COMPLIANT - THREE BEDROOM & TWO BATHROOMS - 7.8% YIELD***

Welcome to this charming two-storey maisonette, strategically positioned within walking distance of The RVI, both Universities, and the vibrant amenities of Newcastle City Centre. Currently leased until Summer 2024, this property serves as a superb investment, boasting an annual rental income of £15,720 and an impressive gross yield of 7.8%.

Briefly comprising: A private entrance and hallway, with stairs to first floor, unveiling a generously sized landing, perfect for a study area or the option to convert to a fourth bedroom, along with a cosy living room and a well-appointed kitchen/breakfast room.

The accommodation further comprises three HMO compliant double bedrooms, offering ample space and versatility, alongside a bathroom and a second large shower room, ensuring convenience and functionality for residents. Additionally, an extra second-floor storage room adds practicality and organization to the living space.

Enhanced with modern conveniences including double glazing and gas central heating, this property promises year-round comfort and energy efficiency. Outside, a communal rear yard provides a delightful retreat for relaxation or social gatherings.

With its desirable location, impressive rental income, and array of features, viewing is highly recommended to fully appreciate the appeal and potential of this remarkable property.

Tenure: Leasehold, 97 years remaining (Extension via Newcastle Council Available)

Brochures

Claremont Road, Newcastle Upon TyneBrochure
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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Claremont Road, Newcastle Upon Tyne

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St James Station0.8 miles
  • West Jesmond Metro Station0.9 miles
  • Jesmond Metro Station1.0 miles
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About the agent

Bowson, Jesmond

117 St. Georges Terrace, Jesmond, Newcastle Upon Tyne, NE2 2DN

Bowson, Jesmond

Established in 2000. Our dedicated team delivers responsive, professional and personable service, ensuring exceptional results by leveraging extensive knowledge of the North East property marketplace. Our comprehensive marketing approach includes high-quality photography, detailed floor plans, and accurate descriptions to present your property at the highest standard. Don't hesitate to contact us today for free no obligation advice.

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Disclaimer - Property reference 32874920. 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 Bowson, 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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