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 WC, living room, first bedroom, kitchen with a range of integrated appliances & a shower room. Stairs to the first-floor landing provide access to four bedrooms & a bathroom. Stairs to the second floor give further access to the another two bedrooms both with skylights.
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 @ £93 pppw until June 2025, giving a gross annual rent of £33,852 . Gross Yield 6.9%.
N.B Any clients interested need to be made aware that the owner of this property is connected to Mansons Property Consultants.
Entrance Hallway
Central heating radiator & under stairs storage cupboard.
WC
Low-level WC, basin and extractor fan.
Living Room
Central heating radiator.
Bedroom One
Kitchen
Fitted kitchen with wall and floor units. Stainless steel sink and drainer unit. Plumbed for washing machine and dishwasher. Integrated stainless steel electric hob and oven. Central Heating Radiator, 'Baxi' Central Heating Boiler, tiled splash back and extractor canopy. Back door.
Shower Room
Shower cubicle, basin and extractor fan.
Stairs To The First Floor Landing
Understairs storage cupboard.
Bedroom Two
Central heating radiator.
Bedroom Three
Central heating radiator.
Bedroom Four
Central heating radiator.
Bedroom Five
Central heating radiator.
Bathroom
White suite with bath, basin, heated towel rail and extractor fan.
Stairs To The Second Floor Landing
Bedroom Six
Central heating radiator, built-in cupboards and skylight windows.
(Measurements: Into reduced head height).
Bedroom Seven
Central Heating Radiator and skylight windows.
(Measurements: L-shaped room & into reduced head height).
Rear Yard
Private enclosed yard to the rear with a gate allowing access to the rear lane.
Additional Information
We have been advised by the vendor of the following information:-
The tenure of this property is: Freehold
Council Tax band: D
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.
