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6 bedroom semi-detached house for sale

Lyndhurst Avenue, Jesmond, Newcastle upon Tyne

Offers Over £380,000

Property Description

Full description

INVESTMENT OPPORTUNITY - CURRENTLY LET - SIX BEDROOMS - HMO - FREEHOLD PROPERTY

A purchase opportunity not to be missed! An outstanding six bedroom let property, perfectly located on Lyndhurst Avenue, West Jesmond.

This property has been let for a number of years. For the 2015/16 academic year the property was let for £28,080 per annum, 7.3% gross yield at the asking price. For the 2016/17 academic year the property is currently let to five at £22,092 per annum, the sixth bedroom is still available to let and being marketed. The property is also being advertised for let for the 2017/18 academic year at £95 per person per week, £29,640 per annum and a gross yield of 7.8% at the asking price due to the recent internal works carried out.

The location provides excellent access to West Jesmond Metro Service, countless great cafe's and restaurants, along with the nightlife Jesmond is famous for. To arrange an internal inspection, please call now.

Freehold Semi Detached Property | 1701 Sq. ft (158 m2) | Six Double Bedrooms | Private West Facing Rear Yard | Lounge | Dining Room/Bedroom Six | GCH & DG | Excellent Location | HMO | Bathroom | EPC Rating: E


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
18 October 2016

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