Terraced house for sale in Devonshire Place, Jesmond, Newcastle Upon Tyne, Tyne & Wear NE2

Offers over £600,000
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Terraced house for sale - 7 bedrooms

7 3 1 EPC Rating: D EPC Rating: D

Tenure:
Freehold
Council tax band:
Not yet known - A band has not yet been confirmed.
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Property features

  • Seven Bedroom HMO
  • Long Rental History
  • £40,000 Annual Rent
  • 6.7% Gross Yield
  • Popular Location
  • Double Glazing
  • Gas Central Heating

Property description

** Best and Final offers are invited in writing to before 12pm on Friday 21st June **

**Investment Opportunity**Seven Bedroom HMO** A three storey terraced house, ideally located within reach of all Jesmond amenities, and enjoying good access to Newcastle City Centre and Universities. Enjoying a long rental history, the house is currently let until August 2025, and generates a rental income rising to £40,000 per annum and a gross yield of 6.7%. Approaching 2,200 square feet, the property includes an Entrance Hall, a Living Room open-plan to an impressive Dining Kitchen, a Shower Room, a Separate WC, a Ground Floor Bedroom, a First floor Landing, Four First floor Bedrooms, a Bathroom, a Second Shower Room, and Two Second Floor Bedrooms. The house further benefits from double glazing, gas central heating, and a rear yard.
Council Tax Band: E

Property info

Floorplan(s): Floorplan

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For more information about this property, please contact
Pat Robson, NE2 on +44 191 228 6204 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pat Robson, and do not constitute property particulars. Please contact Pat Robson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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