Detached house for sale in Clayton Road, Jesmond, Newcastle Upon Tyne NE2

Quality residential complex on Clayton Road, Jesmond.
Mature Students and Professionals.

Rooms from £80.00, pw with an additional charge of £25pw to cover the cost of utilites and expenses.
Dual occupancy is also available in double rooms for an additional cost of £20 per week.

All rooms are fully furnished to a very high standard and the rent and additional costs include all major utilities; council tax, water, gas, electric, high speed internet and cleaning to all communal areas.

This unique property has been converted from a grand mansion into a residential block with 18 individual studio rooms on four floors. Each floor shares a modern kitchen with all appliances and a modern bathroom.

The laundry room is situated on the lower ground floor and comprises of; 3 washing machines, 3 dryers and a large sink unit..

Introducing a rare and lucrative investment opportunity: A four-storey, 18-bedroom HMO-licensed property located in the highly sought-after area of Jesmond. This impressive property offers a fantastic return on investment with a current rental income of £115,000 annually.

Property Highlights:

18 Spacious Bedrooms: Offering ample living space for tenants.
3 Modern Bathrooms: Conveniently located across the property.
3 Fully Equipped Kitchens: Ensuring sufficient cooking facilities for all residents.
3 Additional Toilets: Providing extra convenience.
2 Shower Rooms: Complementing the main bathrooms for added comfort.
Dedicated Laundry Room: Equipped with necessary appliances.
Rear Yard: A private outdoor space for relaxation.
Driveway: Accommodates up to 5 cars, enhancing tenant convenience.
Garage: With potential for further development, adding value to your investment.
EPC Rating: D
Prime Location:

Proximity to Local Amenities: Within a short distance from shops, cafes, and restaurants, providing everything tenants need close by.
Jesmond Metro Station: Only a short distance away, ensuring easy access to the rest of the city.
Financials:

Current Rental Income: £115,000 annually.

This property is not just a residence but a strategic investment with strong rental yields and potential for future development. Don't miss the chance to own this prime piece of real estate in Jesmond. Contact us today to arrange a viewing and secure this exceptional investment opportunity.