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1 bedroom apartment for sale

Victoria Square, Jesmond, NE2

£100,000

Property Description

Key features

  • Investment Property
  • 7,140 Annual Income
  • 7.2% Gross Yield
  • Tenanted until August 2017
  • Pre-Let to August 2018
  • Basement Apartment
  • One Bedroom
  • Open Plan Living Room & Kitchen
  • Study
  • EPC Rating D

Full description

INVESTMENT PROPETY // BASEMENT APARTMENT // LET UNTIL AUGUST 2017 // PRE-LET TO AUGUST 2018 // GREAT LOCATION FOR NEWCASTLE AND NORTHUMBRIA UNIVERSITIES

Victoria Square, Jesmond - Basement apartment briefly comprising open plan lounge/kitchen, one bedroom, study room and bathroom. Currently tenanted until August 2017 producing £7,140 per annum with a 7.2% gross yield. The property is also pre-let to August 2018 .

Location - An excellent location for investor buyers situated close to Newcastle and Northumbria University Campuses. There is access to a range of shops and amenities in Newcastle City Centre, Royal Victoria Infirmary, Jesmond Dene, Exhibition and Leazes Parks. Transport links include A167 and Jesmond Metro Station.

Main Entrance - Stairs from street level lead down to a private entrance door providing access to the apartment.

Open Plan Lounge & Kitchen - 4.68m x 4.43m Approx (15'4" x 14'6" Appro x) - The lounge is situated to the front comprising timber framed window with secondary glazing, coving and ceiling rose, built in storage cupboard, gas fire, pendant light fitting, smoke detector, TV point, carpet and wood flooring.

Kitchen - 4.68m x 1.56m Approx (15'4" x 5'1" Appro x) - The kitchen comprises timber effect wall and base units, tiled splash back, plumbing for washing machine, electric oven/hob with extractor hood, brown resin sink, chrome effect light fitting, smoke detector and vinyl flooring.

Bedroom - 3.26m x 4.52m Approx (10'8" x 14'10" Appro x) - The bedroom overlooks the rear yard comprising uPVC double glazed window, built in storage cupboard, dado rail, pendant light fitting and carpet.

Bathroom - 2.08m x 3.21m Approx (6'10" x 10'6" Appro x) - The bathroom is situated to the rear comprising two uPVC double glazed windows, electric shower over panelled bath, pedestal hand wash basin, W/C and extractor fan. There is one central heating radiator, spot light fittings, part tiled walls and tiled flooring.

Study - 1.82m x 3.52m Approx (6'0" x 11'7" Appro x) - The study room is accessed through the bathroom and comprises uPVC double glazed window, central heating radiator, bayonet light fitting and carpet.

External - Externally there is a shared rear yard. On street permit parking is available.

Epc Rating D -

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More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
30 September 2016

Map & Street View

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