Claremont Road, Spital Tongues, Newcastle Upon Tyne

3 bed Apartment for sale

Offers Over £165,000

*** INVESTMENT OPPORTUNITY ***

Welcome to this purpose-built first-floor flat featuring three 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 £15,600, delivering a robust gross yield of approximately 9.4%.

Encompassing a generous 780 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 three double Bedrooms all within HMO requirements and complemented three piece bathroom for added convenience.

Equipped with double glazing for energy efficiency and gas central heating. Additionally, a rear yard with a parking space included.

This investment opportunity promises a great return.

Please note, the upstairs 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 August 2024.

Key Features

  • INVESTMENT OPPORTUNITY
  • THREE DOUBLE BEDROOMS
  • CHAIN FREE
  • TENANTED UNTIL 2024
  • EPC D
  • COUNCIL TAX A
Ref: 397
Type: Apartment
Price: Offers Over £165,000
Bedrooms: 3

Property location

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  • Property Address


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117 St George's Terrace
Jesmond, Newcastle
NE2 2DN

0191 212 8100
info@bowsonproperty.co.uk

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