Manson are delighted to offer for sale, this six bedroom HMO maisonette in Jesmond. The property briefly comprises lobby, stairs to the first floor, living room, fitted kitchen, three bedrooms and a shower room. Stairs to the second floor, three bedrooms and a bathroom with a shower over the b... Manson are delighted to offer for sale, this six bedroom HMO maisonette in Jesmond.
The property briefly comprises lobby, stairs to the first floor, living room, fitted kitchen, three bedrooms and a shower room. Stairs to the second floor, three bedrooms and a bathroom with a shower over the bath. Externally there is a yard to the rear.
The property benefits from gas central heating, UPVC double glazing, intercom, as well as hard wired smoke detector and carbon monoxide detectors.
The property is currently rented as an HMO to six tenants @ 82pppw until 24th July 2023, giving an annual rent of 25,584. Gross Yield 6.8%. The property is also rented for the year 2023-2024 from 30th July 2023 @ 89pppw Gross Yield 7.4%. The vendor has submitted and application for a Lawful Development Certificate, which will be in place on completion of sale.

Entrance:
Lobby with intercom, stairs to the first floor landing.

Living Room - 3.54m ( 11'8'') x 3.28m ( 10'10'')

Kitchen - 4.20m ( 13'10'') x 2.49m ( 8'3''):
Fitted kitchen with wall and floor units, stainless steel sink with drainer, stainless steel gas hob, electric oven, extractor canopy, tiled splash back, plumbed for dish washer and washing machine, central heating radiator, "Baxi" gas central heating boiler.

Rear Lobby:
Door to bathroom and steps down to back door.

Shower Room - 2.37m ( 7'10'') x 0.91m ( 3'0''):
Chrome heated towel rail, built in shower, basin, WC, central heating radiator, paneled walls.

Separate WC - 1.64m ( 5'5'') x 0.83m ( 2'9''):
WC, basin.

Bedroom One - 4.97m ( 16'4'') x 3.66m ( 12'1''):
Into the bay window. Central heating radiator.

Bedroom Two - 2.97m ( 9'9'') x 2.73m ( 9'0'')

Bedroom Three - 4.06m ( 13'4'') x 2.46m ( 8'1''):
Central heating radiator.

Stairs to Second Floor

Bedroom Four - 3.38m ( 11'2'') x 3.28m ( 10'10''):
Into reduced head height. Central heating radiator.

Bedroom Five - 3.62m ( 11'11'') x 2.41m ( 7'11''):
Into reduced head height.

Bedroom Six - 3.93m ( 12'11'') x 3.18m ( 10'6''):
Into reduced head height. Central heating radiator.

Bathroom - 2.49m ( 8'3'') x 1.72m ( 5'8''):
White suite, bath with electric shower, basin, WC, central heating radiator, tiled floor, extractor fan.

Private Rear Yard:
Gate to back lane.

Additional Information :
We have been advised by the vendor of the following information:-
The tenure of this property is: Leasehold
Lease length: 999 years from January 2004, 980 years remaining
Ground Rent: n/a
Review Period: n/a
Service Charge: n/a
Review Period: n/a
Council Tax band: B
EPC Rating: C
If you are purchasing this property as an investment property to rent out, the current minimum energy efficiency rating is E. However from April 2025, the minimum required energy efficiency rating for a rental property will be C. Read less