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 briefly comprises; entrance lobby, hallway which provides access to the shower room, lounge, dining room, kitchen with integrated appliances & the first bedroom. Stairs to the first-floor landing allow access to four bedrooms, a shower room & a separate WC. Stairs to the second-floor landing give further access to the last two bedrooms & a study all with skylights.
Externally, to the rear is a private enclosed yard with a gate allowing access to the back lane.
The property benefits from gas central heating & double glazing throughout.
Viewings are highly recommended to appreciate the accommodation on offer.
The property is currently rented as an HMO to seven tenants @ £93pppw until June 2025, giving an 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 Lobby
Hallway
Central heating radiator.
Shower Room
Built-in shower, basin, WC & tiled splash backs.
Shower Room
Dining Room
Step up to ...
Kitchen
Fitted kitchen with wall & floor units. Stainless steel sink & drainer unit. Integrated electric oven, hob & extractor. Plumbing for washer & dishwasher.
(L-shaped room).
Bedroom One
Central heating radiator.
Stairs To First Floor Landing
Bedroom Two
Central heating radiator.
Bedroom Three
Central heating radiator.
Bedroom Four
Central heating radiator.
(L-shaped room).
Bedroom Five
Central heating radiator.
Shower Room
Built-in shower, basin, tiled splash backs, central heating radiator & extractor.
Separate WC
WC, basin & tiled splash backs.
Stairs To The Second Floor landing
Bedroom Six
Central heating radiator & skylight.
(Measurements: L-shaped room & into reduced head height).
Bedroom Seven
Central heating radiator & skylight.
(Measurements: Into reduced head height).
Study
Skylight & central heating radiator.
(Measurements: Into reduced head height).
Rear Yard
Private enclosed yard to the rear with a gate leading onto the back 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.
