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SOLD STC

Osborne Road, Jesmond, Newcastle Upon Tyne, Tyne & Wear, NE2

PROPERTY TYPE

Terraced

BEDROOMS

8

BATHROOMS

8

SIZE

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

Freehold

Key features

  • Investment Opportunity
  • Freehold Three Storey Building
  • £57,600 Annual Rental Income
  • 8.5% Gross Yield
  • Ground Floor Offices
  • Eight Separate Studio Apartments
  • Prominent Jesmond Location
  • Rear Yard With Multi Vehicle Parking
  • Further Potential

Description

**Freehold Investment Opportunity – Ground Floor Offices & Eight Residential Studio Apartments**£57,600 Annual Rental Income / 8.5% Gross Yield** A rare opportunity to acquire an entire three storey nineteenth century terraced property, currently arranged as offices and eight separate studio apartments. The location is notable, occupying a prominent Osborne Road frontage, centrally positioned within reach of all Jesmond amenities.
Arranged over the entire ground floor, and currently let until August 2025 the offices exceed 1,100 square feet and include a 17ft Reception or Third Office, two further separate offices, a Kitchen, a Store Room and a Cloak Room / WC. With access from both the Communal Hallway and a private rear entrance the ground floor offices show potential for conversion to an apartment or studio flats, subject to obtaining any necessary consents. Occupying the first and second floors the eight studio apartments are let individually on Assured Shorthold Tenancies. An unconverted loft space (previously used for storage) indicates further potential, subject to obtaining any necessary consents. Externally there is a town front garden and a large rear yard providing multiple car parking spaces.



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: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Energy performance certificate - ask agent

Osborne Road, Jesmond, Newcastle Upon Tyne, Tyne & Wear, NE2

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • West Jesmond Metro Station0.5 miles
  • Jesmond Metro Station0.5 miles
  • Iford Road Tram Stop0.8 miles
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About the agent

Pat Robson, Jesmond

20 Osborne Road, Jesmond, Newcastle Upon Tyne, NE2 2AD

Pat Robson, Jesmond
About Pat Robson & Co.

Pat Robson & Co. is a leading Residential Lettings and Sales Agent in Newcastle upon Tyne. We have four offices in Jesmond, Heaton, Gosforth and the City Centre of Newcastle which provide us with superb coverage of the major private rental and home owner occupied areas in Newcastle upon Tyne. All four offices are superbly situated in the busiest parts of their area for Residential Lettings & Sales.

The company focuses on residential Sales and Lettings. W

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Disclaimer - Property reference JES240096. 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 Pat Robson, 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.

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