A fantastic investment opportunity has arisen with this three bedroom house in Ripon Gardens.
Situated in the popular area of Jesmond Vale. Jesmond is within walking distance of Newcastle City Centre and has very good public transport links. It offers an eclectic mix of bars, restaurants, swimming pool, library, smaller independent boutique style shops and big chains like Tesco’s and Waitrose.
Properties range from Victorian houses and converted flats to modern blocks and stylish apartments.
The property comprises; entrance hallway with stairs to the first floor landing and access to the living room, which leads to the kitchen with a door to the property's private rear yard. The property also contains three bedrooms with a variety of storage space and a separate white suite bathroom.
The property benefits from gas fire central heating and UVPC double glazing.
The property is currently rented to three tenants @ £1755pcm , giving a gross annual rent of £21,060 . Gross Yield 6.3%.
Viewings are highly recommended.
Property Entrance
Entrance door opens into a lobby, leading to the ..
Hallway
Cornicing and a central heating radiator and provides access to the living room and the stairs to the first floor.
Living Room
Dimensions: 3.52m x 4.25m
Featuring picture rail, built in cupboard, and central heating radiator. Door leading to ...
Kitchen
Dimensions: 3.35m x 2.29m
Range of fitted wall and floor units, one and half sink and drainer unit, four burner gas hob, electric oven, stainless steel extractor canopy, tiled splash back, wall mounted Baxi boiler, and plumbing for a washing machine.
Sitting Room/Bedroom One
Dimensions: 4.22m x 4.01m
Featuring a period ceiling rose, cornicing, picture rail and central heating radiator.
Bedroom Two
Dimensions: 4.77m x 4.09m
Cornicing, two central heating radiators, and built in overhead locker storage space, in both alcoves.
Bathroom
Dimensions: 2.4m x 2.35m
Situated on the half landing of the property, the white bathroom suite includes a bath with a shower, glazed shower screen, basin, WC, and central heating radiator.
Bedroom Three
Dimensions: 4.34m x 2.84m
Built-in double wardrobe with overhead locker storage space. Alcove providing additional overhead locker storage space, and central heating radiator.
Externally
There is a small garden to the front and to the rear the property a private concreted yard.
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 Oct 2030, the minimum required energy efficiency rating for a rental property will be C.
