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6 bedroom house for sale

Queens Road, Jesmond, Newcastle Upon Tyne

£895,000

Property Description

Full description

This is a unique investment opportunity to purchase a detached house comprising eight self contained professionally let apartments over three floors, there are six one bedroom apartments, one studio bedsit and one two bedroomed apartment. The property itself is set in the heart of Jesmond within easy reach of all the local ameneties including swimming baths, library, local schools, West Jesmond metro station, bus links in and out of the City Centre, good roads access to the A1 western bypass aswell as the many cafes, restaurants, bars and the newly opened Waitrose on Osborne Road. The property itself benefits from a basement area which at present has a lockable bike rack, but this area could be extended into the studio apartment to make a duplex apartment with some relative tanking and ventilation. There is also off street parking for six cars and all apartments have: Full double glazing, Security speaker phone door entry system, Central fire alarm system with smoke detectors at strategic communal points, Communal stairwell with large velux window with Gas and electric meters located in the lobby area. Currently the landlord pays the water bill which is approxiamately 190.00 per quarter and the communal electricity bill which is approxiamately 35.00 per quarter. All the apartments are fully furnished to a very good standard and have been updated periodically, and a there is a potential rental income in excess of 50k per annum.

Apartment One
This one bedroom ground floor apartment has an open plan living room kitchen, laminate flooring throughout the majority of this apartment with the exception of the bathroom and double bedroom, entry phone door system, double glazing with dual aspect, kitchen is plumbed for washing machine, stainless steel integrated cooker, gas hob, glass and stainless steel extractor above, combination boiler, contemporary units and a breakfast bar, recessed lighting, powerpoints, showeroom has ceramic tiled floor and tiling to dado rail height, corner shower cubicle with electric shower, chrome ladder style towel rail, low voltage downlighters and extractor fan. Currently let from 01/02/10 on Assured Shorthold Tenancy of 6 months renewable contracts @ 550.00 pcm.



Apartment Two
This one bedroom ground floor apartment is very similar to Apartment One. Currently let from 20/02/12 on Assured Shorthold Tenancy of 6 months renewable contracts @ 575.00pcm.














Apartment Three
This well laid out studio ground floor apartment has an open plan living room kitchen, bedroom area with bed that folds into the wall, seperate shower room, double glazing, fitted kitchen, plumbed for washing machine, powerpoints, entry phone door system, electric wall heaters and laminate flooring throughout the majority of the apartment. Currently let from 18/6/11 on Assured Shorthold Tenancy of 6 months renewable contracts @ 400.00 pcm.
Studio

Apartment Four
This one bedroom first floor apartment has a very pleasant open plan living room kitchen to the front of the property, laminate flooring throughout the majority of this apartment, entry phone door system, night storage heating, seperate shower room with shaver socket, fitted kitchen, powerpoints, plumbed for washing machine, recessed lighting, dual aspect double bedroom. Currently let from 05/05/10 on Assured Shorthold Tenancy of 6 months renewable contracts @ 525.00 pcm.






Bedroom

Apartment Five
This nicely laid out one bedroom first floor apartment has a very pleasant open plan living room to the front of the property, laminate flooring throughout the majority of the this apartment, entry phone door system, fitted kitchen, powerpoints, gas central heating via combination boiler, plumbed for washing machine, separate showeroom, double glazing and double bedroom. Currently let from 17/09/11 on Assured Shorthold Tenancy of 6 months renewable contracts @ 575.00 pcm.






Bedroom

Apartment Six
This one bedroom first floor apartment has a very pleasant open plan living room kitchen to the front of the property, laminate flooring throughout the majority of this apartment, entry phone door system, fitted kitchen and breakfast bar, powerpoints, electric heating, seperate showeroom, with an archway leading through into a compact double bedroom. Currently let from 09/09/11 on Assured Shorthold Tenancy of 6 months renewable contracts @ 475.00pcm.

Bedroom

Apartment Seven
This one bedroom second floor apartment has a very pleasant open plan living room kitchen to the front of the property, laminate flooring throughout the majority of this apartment, entry phone door system, fitted kitchen, powerpoints, night storage heating, seperate showeroom and double bedroom. Currently let from 25/07/09 on Assured Shorthold Tenancy of 6 months renewable contracts @ 550.00 pcm.

Bedroom

Apartment Eight
This two bedroom second floor apartment has an open plan living room kitchen, laminate flooring throughout the majority of this apartment, fitted kitchen, powerpoints, entry phone door system, gas central heating, seperate showeroom, and two bedrooms. Currently let from 12/02/11 on Assured Shorthold Tenancy of 6 months renewable contracts @ 600.00 pcm.

Bedroom One

Bedroom Two

Viewings
Strictly through Groves Residential on 0191 212 0400














































Energy Performance Certificate (EPC) graphs

To view this property or request more details, contact:

Groves Residential, Jesmond

38 Acorn Road, Jesmond, Newcastle Upon Tyne, NE2 2DJ

0191 687 0424 Local call rate

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Property reference 45508. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Groves Residential, Jesmond. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.