Buston Terrace, Jesmond, Newcastle upon Tyne
6 bed Terraced House for sale
Offers Over £574,950
Introducing an exceptional investment opportunity in the heart of Jesmond on Buston Terrace!
Boasting a prime location for students, this property offers a blend of original features, spacious social areas, and generous-sized bedrooms.
Encompassing over 1700 square feet across three floors, this property comprises a ground floor bedroom with a bay window and feature fireplace, leading through to a lounge/diner and a recently upgraded kitchen with fitted units, and access to the rear yard.
On the first floor, there is a bathroom with a shower over the bath, a separate W.C. three double rooms, and an additional walk-in closet.
The second floor includes two more attic rooms and a shower room.
The property is equipped with double glazing for improved energy efficiency and gas central heating.
Additionally, the rear yard with a bike shelter adds a touch of outdoor allure, and permit parking is available on the street.
Don't miss out on this chance to capitalise on a promising investment venture. Schedule your viewing today and unlock the potential of this remarkable property!
We have been advised:
The property tenure is freehold.
Property description: House in multiple occupation.
Licence type: Mandatory HMO licence expires 2029
License is non-transferable to the new owner.
Key Features
- ESTIMATED YIELD RETURN OF 7.33%
- LET TO 6 STUDENTS FROM 2/8/24 FOR 12 MONTHS AT £3510.00PCM (£135PPPW)
- CONTINUOUS USE FOR A MANDATORY HMO
- JOINT SEVERABLE LIABLE AST IN PLACE
- MANAGED BY BOWSON
- GREAT LOCATION FOR STUDENTS!
- EPC D
- SIX DOUBLE BEDROOMS AND TWO BATHROOMS
- JESMOND LOCATION HIGH DEMAND FOR INVESTORS
- ARRANGE YOUR VIEWING TODAY!
Ref: | 266 |
Type: | Terraced House |
Price: | Offers Over £574,950 |
Bedrooms: | 6 |
Tenure: | Freehold |
Property location
You’re in Safe Hands
117 St George's Terrace
Jesmond, Newcastle
NE2 2DN
Monday - Friday | 09:00 - 17:30 |
Saturday | 09:00 - 16:00 |
Sunday | Closed |