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Old Durham Road, Gateshead

PROPERTY TYPE

House Share

BEDROOMS

4

BATHROOMS

3

SIZE

1,141 sq ft

106 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Turnkey HMO
  • Rental Income per month £1785
  • High demand location
  • Fully Furnished
  • 4 Bedrooms
  • Off street Parking
  • Large Kitchen Diner

Description

TURN-KEY HMO INVESTMENT – 345 OLD DURHAM ROAD
ALL ROOMS FULLY FURNISHED – RENTAL INCOME OF £1,785 PER MONTH

Currently Fully Let to 4 Tenants

An ideal investment opportunity, this fully tenanted HMO is located at 345 Old Durham Road and is ready for a hands-off investor. Spread across two floors, the property is sold as seen with all furniture and white goods included.

The property benefits from full compliance:

EICR (Electrical Installation Condition Report)
Gas Safety Certificate
Portable Appliance Testing (PAT)
Smoke Alarms


The layout includes a communal entrance and hallway leading to the first floor. All four bedrooms are fully furnished, each with a wardrobe and chest of drawers. Three rooms contain double beds, while the fourth features a ¾ size double.

The shared kitchen and living space offer excellent functionality, with:

Ample cupboard storage
Two large fridge freezers
Washing machine
Dishwasher
Electric hob and oven
Dining table and chairs
2 Rooms with en-suite

Externally, there is a shared rear yard.
EPC Rating: C

Brochures

Old Durham Road, GatesheadBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Old Durham Road, Gateshead

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About Prime Property Associates, Newcastle Upon Tyne

Amber Court William Armstrong Drive, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YA
Industry affiliations:Industry affiliation logo 0

We are estate agents and letting agents covering Newcastle and the North East. We specialise in niche Property Management with a hands on approach, managing landlords properties with a personal and professional service.

Whether you are selling or buying, a landlord seeking responsible, quality tenants, or a tenant searching for a home, we are here to help. Our experienced, professional, and friendly staff, combined with extensive local knowledge ensure that we provide a service which is second to none.

A forward looking business based on traditional values, we always strive to be at the forefront of the property letting market, and invest much time and effort in ensuring that we are fully up to date with ever changing tenancy law and government legislation. Together with our attention to detail and conscientious attitude we have the experience, resources and skills to deliver the kind of services that landlords and tenants require.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£768
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 34052301. 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 Prime Property Associates, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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