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Offers over
£200,000
(£187/sq. ft)
3 bed maisonette for sale
Claremont Road, Newcastle Upon Tyne NE2Key Information
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
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)
There are some planning applications within 0.5 miles of this home
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