Claremont Road, Spital Tongues, Newcastle Upon Tyne
4 bed Flat for sale
Guide Price £199,950
*** INVESTMENT OPPORTUNITY ***
Welcome to this purpose-built first-floor flat featuring four bedrooms, ideally situated within walking distance of The RVI, prestigious Universities, and the bustling Newcastle City Centre. Currently advertised for rent until Summer 2025, with an expected annual rent of £20,800, delivering a robust gross yield of approximately 10.4%.
Encompassing a generous 880 square feet, this flat boasts a Private Entrance and Hallway, a spacious Living Room/Dining Room, leading to a fully fitted kitchen. The flat houses Four double Bedrooms all within HMO requirements and complemented by a modern Shower Room for added convenience.
Equipped with double glazing for energy efficiency and gas central heating. Additionally, a rear yard adds a touch of outdoor allure, with a parking space included.
This investment opportunity promises a great return.
Please note, the downstairs flat is also available as a package purchase.
We have been advised:
The property has 976 years remaining on the Lease
Service charge: £0
Currently tenanted until July 2024.
Welcome to this purpose-built first-floor flat featuring four bedrooms, ideally situated within walking distance of The RVI, prestigious Universities, and the bustling Newcastle City Centre. Currently advertised for rent until Summer 2025, with an expected annual rent of £20,800, delivering a robust gross yield of approximately 10.4%.
Encompassing a generous 880 square feet, this flat boasts a Private Entrance and Hallway, a spacious Living Room/Dining Room, leading to a fully fitted kitchen. The flat houses Four double Bedrooms all within HMO requirements and complemented by a modern Shower Room for added convenience.
Equipped with double glazing for energy efficiency and gas central heating. Additionally, a rear yard adds a touch of outdoor allure, with a parking space included.
This investment opportunity promises a great return.
Please note, the downstairs flat is also available as a package purchase.
We have been advised:
The property has 976 years remaining on the Lease
Service charge: £0
Currently tenanted until July 2024.
Key Features
- INVESTMENT OPPORTUNITY
- HMO COMPLIANT
- EXPECTED YIELD OF 10.4%
- MANAGED BY BOWSON
- GREAT LOCATION
- EPC C
- COUNCIL TAX BAND A
- NO CHAIN
| Ref: | 372 |
| Type: | Flat |
| Price: | Guide Price £199,950 |
| Bedrooms: | 4 |
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 |