A fantastic investment opportunity has arisen with this seven-bedroom terraced HMO house situated on Clayton Park Square, Jesmond. The eclectic suburb of Jesmond lies close to Newcastle City Centre and Jesmond Dene Park. It features bars, restaurants & shopping for all ages from boutique-style shops to top-brand supermarkets. Properties range from Victorian houses and converted flats to new build blocks and stylish apartments.
The property itself briefly comprises; entrance hallway giving access to the living room, shower room, separate WC, dining room, kitchen with a range of integrated appliances & the first bedroom. Stairs to the first floor give access to four bedrooms & a bathroom. Further stairs to the second floor allow access to the last two bedrooms both with skylight windows.
Externally, there is a private enclosed yard with a back gate allowing access to the rear lane.
The property benefits from gas central heating & double glazing.
Viewings are highly recommended to appreciate the accommodation on offer.
The property is currently rented as an HMO to seven tenants @ £79 pppw until June 2025, giving a gross annual rent of £28,756 . Gross Yield 6%.
N.B Any clients interested need to be made aware that the owner of this property is connected to Mansons Property Consultants.