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SOLD STC

Shortridge Terrace, Jesmond, Newcastle upon Tyne

Offers Over
£435,000
Added on 07/05/2021
Bailey & Co., Jesmond
PROPERTY TYPE
Maisonette
BEDROOMS
x7
BATHROOMS
x3

Property description

INVESTMENT OPPORTUNITY - HMO - CURRENTLY LET TO 6, & PRE LET TO 7 FOR 2021/22 AT £41,859 PER ANNUM - GROSS YIELD OF 9.6% FOR 2021/22!

This seven bedroom upper floor maisonette is positioned on the Shortridge Terrace, Jesmond. Perfectly placed for the buy to let market and within walking distance to Osborne Road and Jesmond Metro Service. Currently let for student academic year and pre let for 2021/22, this property provides an investment opportunity not to be missed.The location of Shortridge Terrace is ideal for both student and professional tenants, being close to Newcastle city centre, countless bars cafe's and restaurants in Jesmond itself.

Recently refurbished throughout and boasting almost 1,300 Sq ft, the internal accommodation briefly comprises: Entrance hall with stairs to first floor; dining area open to kitchen with fitted units and spot lighting, open to living area with stairs to the yard and ground floor; three bedrooms, bedroom one with walk in bay and En-suite shower room; shower room with three piece suite. To the second floor, a further four bedrooms and shower room. Externally, a yard to the rear with wall boundaries.

Upper Floor Maisonette | Seven Bedrooms | HMO | Let & Pre Let | Annual Income £41,859 2021/22 | Gross Yield 9.6% | 1,281Sq ft (119.0m2) | Dining Area | Kitchen | Living Area | Two Shower Rooms & En-Suite to Bedroom One | GCH & DG | EPC: D

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BrochureShortridge Terrace, Jesmond, Newcastle upon Tyne

Energy Performance Certificates

EE Rating

Shortridge Terrace, Jesmond, Newcastle upon Tyne

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Jesmond Metro Station0.5 miles
  • West Jesmond Metro Station0.8 miles
  • Manors Station1.0 miles
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About the agent

Bailey & Co., Jesmond

89 St. Georges Terrace, Jesmond, Newcastle Upon Tyne, NE2 2DN

Bailey & Co., Jesmond
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We believe the relationship between an agent and their vendor should be that of a partnership. Our role is to do the best we can for you, our partner, when asked to manage the process of selling your most valuable asset. Bailey & Co. will always endeavor to complete all moves in the shortest possible time whilst ensuring you get the best value possible.

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Disclaimer - Property reference 30629725. 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 Bailey & Co., 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.

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