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 living room, kitchen with integrated appliances, shower room & the first bedroom. Stairs to the first-floor landing allow access to four bedrooms, a separate WC & a shower room. Stairs to the second-floor landing give further access to the last two bedrooms with skylight windows.
Externally, to the rear of the property, there is a concreted yard with an up & over door 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 @ 97pppw until June 2025, giving an annual rent of £35,000. Gross Yield 6.8%.
N.B Any clients interested need to be made aware that the owner of this property is connected to Mansons Property Consultants.
Hallway
Living Room
Central heating radiator. Open plan to the ...
Kitchen
Fitted kitchen with wall and floor units. stainless steel sink and drainer unit. Integrated stainless steel gas hob and electric oven. Plumbing for dishwasher and washer. Tiled splash backs, breakfasting bar, 'Baxi' gas central heating boiler and under-stairs storage.
Rear Lobby
Door to rear yard.
Shower Room
Built-in shower with tiles and electric shower. Basin, WC, heated towel rail and extractor.
Bedroom One
Built-in cupboard and central heating radiator.
Stairs To First Floor Landing
Bedroom Two
Central heating radiator.
Bedroom Three
Central heating radiator.
WC
Low-level WC, basin and extractor fan.
Bedroom Four
Bedroom Five
Central heating radiator and cupboard.
Shower Room
Built-in shower, basin and WC.
Stairs To Second Floor Landing
Bedroom Six
Central heating radiator and skylight window.
(Measurements: Into reduced head height).
Bedroom Seven
Central heating radiator and skylight window.
(Measurements: L-shaped room & into reduced head height).
Rear Yard
Concreted yard with up-and-over door opening 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: E
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.
