1 bedroom apartment for sale52 Northumberland Road, City Centre, NE1
- Investment Property
- £7,500 Combined Income*
- 4.8% Gross Yield
- Tenanted until June 2017
- Top Floor Apartment
- One Bedroom
- Allocated Parking Space*
- Grade II Listed Facade
- On University Campus
- EPC Rating D
Full descriptionINVESTMENT PROPERTY // TENANTED UNTIL JUNE 2017 // TOP FLOOR APARTMENT WITH PARKING SPACE
Northumberland Road, City Centre - Fantastic top (second) floor apartment with Grade II Listed facade, briefly comprising lounge, kitchen, bedroom and bathroom, along with a private car parking space*. Originally built as offices and warehousing for the chemical company Brady & Martin between 1890 & 1897, 50-52 Northumberland Road was converted into residential apartments, the apartment is currently tenanted until June 2017 producing an annualised income of £6,600pa, whilst the parking space is currently rented producing £900pa.
Location - Northumberland Road is in a fantastic location with access to a wide range of amenities including Intu Eldon Square Shopping Centre, Newcastle City Hall, Newcastle City Library and Laing Art Gallery. Transport links include bus routes, Haymarket Metro Station and A167.
Main Entrance & Hallway - The apartment hallway comprises intercom phone, built in storage cupboard, central heating radiator, loft access, smoke detector and tile effect vinyl flooring.
Lounge - 4.09m x 3.77m (13'5" x 12'4") - The lounge is situated to the front overlooking the street comprising two timber framed single glazed windows, double central heating radiator, chrome effect light fitting, TV point and wood flooring.
Kitchen - 2.40m x 3.57m (7'10" x 11'9") - The kitchen is situated to the side comprising timber framed single glazed window, gloss wall and base units, PVC splash back, integrated fridge and plumbing for an automatic washing machine. There is an electric oven/hob with extractor hood, one and 1/2 bowl stainless steel sink, extractor fan, hot air wall heater, strip light fitting and tile effect vinyl flooring.
Bedroom - 3.89m x 2.57m (12'9" x 8'5") - The bedroom is situated to the rear comprising timber framed single glazed window, central heating radiator, pendant light fitting and carpet.
Bathroom - 1.76m x 2.14m (5'9" x 7'0") - The bathroom is situated to the rear with three piece suite comprising electric shower over panelled bath, pedestal hand wash basin and WC. There is a timber framed single glazed window, electric wall heater, pendant light fitting and wood flooring.
External - *Externally there is a private parking space which is currently rented producing £75 per calendar month.
Epc Rating D -
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