£200,000

3 bed maisonette for sale

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Sold STC
Share of Freehold

Offers over

£200,000

(£187/sq. ft)

3 bed maisonette for sale

Claremont Road, Newcastle Upon Tyne NE2

3 beds
2 baths
1 reception
1,067 sq. ft
EPC rating: D

Key Information

Tenure:
Share of freehold
Service charge:
£200 per year
Council tax band:
A
Ground rent:
£10
Commonhold details:

Local area information

Property location

Nearby amenities

  • Dame Allan's Junior School 0.2 miles
  • Moorside Community Primary School 0.6 miles
  • Newcastle 1.2 miles
  • Manors 1.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Newcastle to find out more about the local area.

Features and description

  • Investor Opportunity

  • Share of freehold
  • Investment opportunity
  • Currently tenanted with no onward chain
  • Three bedrooms
  • HMO compliant
  • Council tax band A
  • EPC D
*** investment opportunity - HMO compliant - three bedroom & two bathrooms - 7.8% yield***

Welcome to this charming two-storey maisonette, strategically positioned within walking distance of The rvi, both Universities, and the vibrant amenities of Newcastle City Centre. Currently leased until Summer 2024, this property serves as a superb investment, boasting an annual rental income of £15,720 and an impressive gross yield of 7.8%.

Briefly comprising: A private entrance and hallway, with stairs to first floor, unveiling a generously sized landing, perfect for a study area or the option to convert to a fourth bedroom, along with a cosy living room and a well-appointed kitchen/breakfast room.

The accommodation further comprises three HMO compliant double bedrooms, offering ample space and versatility, alongside a bathroom and a second large shower room, ensuring convenience and functionality for residents. Additionally, an extra second-floor storage room adds practicality and organization to the living space.

Enhanced with modern conveniences including double glazing and gas central heating, this property promises year-round comfort and energy efficiency. Outside, a communal rear yard provides a delightful retreat for relaxation or social gatherings.

With its desirable location, impressive rental income, and array of features, viewing is highly recommended to fully appreciate the appeal and potential of this remarkable property.

Tenure: Leasehold, 97 years remaining (Extension via Newcastle Council Available)

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Floor plans and tours

Floor plans (1)

Floor plan 1

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Property descriptions and related information displayed on this page are marketing materials provided by - Bowson. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bowson for full details and further information.

  1. Zoopla
  2. For sale
  3. Tyne & Wear
  4. Newcastle upon Tyne
  5. Claremont Road

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

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