£280,000

5 bed maisonette for sale

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Sold STC
Share of Freehold

Offers over

£280,000

(£234/sq. ft)

5 bed maisonette for sale

Malcolm Street, Heaton, Newcastle Upon Tyne NE6

5 beds
3 baths
1 reception
1,197 sq. ft
EPC rating: D

Key Information

Tenure:
Share of freehold
Service charge:
Council tax band:
A
Commonhold details:

Local area information

Property location

Nearby amenities

  • Hotspur Primary School 0.1 miles
  • St Teresa's Catholic Primary School 0.3 miles
  • Manors 0.8 miles
  • Newcastle 1.4 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

  • Share of freehold
  • Fantastic 5 bedroom HMO investment
  • Fully renovated in 2021 to a luxury standard
  • Fitted kitchen with integrated appliances
  • Breakfast bar with feature lighting
  • Five generous rooms, two with ensuites
  • Modern tiled bathrooms
  • Fully furnished, tenanted and managed
  • An investment opportunity with a rental yield of 11.7%
  • Popular residential location, walking distance to City Centre
  • Clost to local shops, cafes and transport links
Hive Estates welcomes to the market this high specification five bedroom HMO investment, located on Malcolm Street in Heaton. With a gross yield of 11.7% it represents a fantastic investment opportunity. Benefitting from a recent full renovation in 2021, it has an open plan layout, modern décor and five spacious rooms complete with full luxury furnishing.

Once inside, stairs immediately lead you up to the first floor. The landing is generous, providing direct access to three double bedrooms, shower room, open plan lounge/kitchen and stairs to the second floor. Through to the lounge, well-sized, with a large window to allow for natural light, the room progresses through to the kitchen/dining area. Practical in design, with a long breakfast bar, trendy bar stools and elegant hanging pendant lights, creating a stylish and contemporary living space. Fully fitted with grey and wood effect cabinetry and integrated appliances including an oven, microwave, range hob, dishwasher and washer/dryer. Continuing up to the second floor are two further bedrooms, both with en-suites. All five bedrooms are large and modern, adding a touch of sophistication to the space, creating a welcoming atmosphere. All shower rooms are part-tiled and are equipped with a chrome towel radiator, fitted vanity sink, WC and a large shower.

This property offers a fantastic rental yield of 11.7%, making it an attractive investment opportunity. It comes fully furnished, complete with all luxury furnishings and decor. The property is fully tenanted with professionals in each bedroom, and is offered fully managed by Hive Estates. In a superb location, close to Heaton Park and Jesmond Dene, with close proximity to shops, cafes and transport links.

Kitchen (5.80 x 2.00 (19'0" x 6'6"))

Lounge (4.60 x 3.90 (15'1" x 12'9"))

Bedroom 1 (3.15 x 6.01 (10'4" x 19'8"))

Ensuite 1 (1.20 x 1.70 (3'11" x 5'6"))

Bedroom 2 (2.67 x 5.65 (8'9" x 18'6"))

Ensuite 2 (1.20 x 1.70 (3'11" x 5'6"))

Bedroom 3 (3.45 x 2.45 (11'3" x 8'0"))

Bedroom 4 (2.75 x 3.15 (9'0" x 10'4"))

Bedroom 5 (2.5 x 3.19 (8'2" x 10'5"))

Shower Room (1.20 x 2.25 (3'11" x 7'4"))

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Floor plans and tours

Floor plans (3)

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Floor plan 2

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Property descriptions and related information displayed on this page are marketing materials provided by - Hive Estates. 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 Hive Estates for full details and further information.

  1. Zoopla
  2. For sale
  3. Tyne & Wear
  4. Newcastle upon Tyne
  5. Heaton
  6. Malcolm Street

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