A fantastic investment opportunity has arisen with this seven-bedroom terraced HMO house situated on Clayton Park Square, Jesmond. The eclectic suburb of Jesmond lies close to Newcastle City Centre and Jesmond Dene Park. It features bars, restaurants & shopping for all ages from boutique-style shops to top-brand supermarkets. Properties range from Victorian houses and converted flats to new build blocks and stylish apartments.
The property itself briefly comprises; entrance hallway giving access to the living room, shower room, separate WC, dining room, kitchen with a range of integrated appliances & the first bedroom. Stairs to the first floor give access to four bedrooms & a bathroom. Further stairs to the second floor allow access to the last two bedrooms both with skylight windows.
Externally, there is a private enclosed yard with a back gate allowing access to the rear lane.
The property benefits from gas central heating & double glazing.
Viewings are highly recommended to appreciate the accommodation on offer.
The property is currently rented as an HMO to seven tenants @ £79 pppw until June 2025, giving a gross annual rent of £28,756 . Gross Yield 6%.
N.B Any clients interested need to be made aware that the owner of this property is connected to Mansons Property Consultants.
Hallway
Central heating radiator.
Living Room
Central heating radiator.
Shower Room
Build-in shower, basin and extractor fan.
WC
Dining Room
Central Heating Radiator. Open plan to the ...
Kitchen
Fitted with wall and floor units. Stainless steel sink and drain. Integrated gas hob, electric oven, extractor canopy and fridge freezer. Tiled splash back, plumbed for dishwasher and washer. Back door.
(L-shaped).
Bedroom One
Central Heating Radiator. Build-in wardrobe.
Stairs To The First Floor Landing
Bedroom Two
Central heating radiator.
Bedroom Three
Central heating radiator.
Bedroom Four
Central heating radiator.
Bedroom Five
Central heating radiator.
Bathroom
White suite, sink, basin, bath, WC, extractor and heated towel rail.
Stairs To Second Floor Landing
Bedroom Six
Central heating radiator and skylight windows.
(Measurements: L-shaped and into reduced head height).
Bedroom Seven
Central heating radiator and two skylight windows.
(Measurements: L-shaped into reduced head height).
Rear Yard
Private enclosed yard with a back gate.
Additional Information
We have been advised by the vendor of the following information:-
The tenure of this property is: Freehold
Council Tax band: C
EPC Rating: D
Broadband Checker: Please use the Open Reach website checking service.
Mobile Coverage: Please use the Ofcom website checking service.
Flooding Checker: via the Gov UK website.
If you are purchasing this property as an investment property to rent out, the current minimum energy efficiency rating is E. However from April 2028, the minimum required energy efficiency rating for a rental property will be C.
