Get brand editions for Walton Robinson Limited, Newcastle Upon Tyne

3 bedroom property for sale

Claremont Road, Spital Tongues, NE2

Offers in Excess of £265,000

Property Description

Key features

  • Mixed Use Freehold Investment
  • Ground Floor Office
  • Three Bedroom First Floor Flat
  • Residential Let until Aug 2018
  • Rental Income 10,167.86pa
  • Potential to Increase to 17,667.86pa
  • Rear Yard with Garage Door
  • Exempt from 3% SDLT Surcharge
  • Small Business Rate Relief Available
  • Residential Unit EPC Rating D

Full description

Attractive Mixed Use Investment Opportunity, EXEMPT FROM 3% STAMP DUTY LAND TAX SURCHARGE!

The property consists of a first floor three bedroom Tyneside flat currently tenanted until August 2018 producing £10,167.86pa and ground floor office available with vacant possession. There is private off-street parking and purchasers could achieve an additional £7,500pa (£10/sq ft) from the office space. The office would suit a variety of uses (subject to any planning permission) thanks to its location on a prominent street in Spital Tongues, within close proximity of Newcastle University, the Royal Victoria Infirmary and Haymarket area of Newcastle city centre. The property is located close to the A167 Central Motorway allowing access north of the city and south to Gateshead, the Metro Centre and A1 motorway.

Claremont Road, Spital Tongues - Mixed Use Investment property consisting of a first floor Tyneside flat and ground floor office space. The property is located on a prominent street in Spital Tongues. The area is extremely popular with students of Newcastle University medical and dental schools and also young professionals working at the nearby Royal Victoria Infirmary. The area is well served for amenities with local convenience stores and take aways on Morpeth Street, with the City Centre only a few minutes walk away. The Residential unit is currently tenanted until August 2017 producing an annual income of £10,167.86, the Commercial unit is to be sold with vacant possession.

Ground Floor Office Space - Formally a Tyneside flat, converted into office space. Comprising of two spacious offices, kitchen and bathroom. Externally there is a large shared rear yard, with garage door.

First Floor Tyneside Flat - The residential unit is accessed via private entrance, featuring three double bedrooms, lounge, kitchen and bathroom. The shared rear yard can be accessed via staircase leading from the kitchen.

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More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
31 March 2017

Nearest stations

  • West Jesmond (0.9 mi)
  • Jesmond (1.0 mi)
  • Manors (1.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Walton Robinson Limited, Newcastle Upon Tyne

101 Percy Street, Newcastle Upon Tyne, NE1 7RY

0191 687 0577 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Walton Robinson Limited, Newcastle Upon Tyne

101 Percy Street, Newcastle Upon Tyne, NE1 7RY

0191 687 0577 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • West Jesmond (0.9 mi)
  • Jesmond (1.0 mi)
  • Manors (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Walton Robinson Limited, Newcastle Upon Tyne

101 Percy Street, Newcastle Upon Tyne, NE1 7RY

0191 687 0577 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26881251. 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 Walton Robinson Limited, Newcastle Upon Tyne. 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.

Map data OpenStreetMap contributors.