Neville House, Clifton Road, Newcastle upon Tyne
- PROPERTY TYPE
Detached
- BEDROOMS
22
- BATHROOMS
16
- SIZE
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- TENUREDescribes 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
- Ready made investment opportunity
- A range of two, three & four bedroom apartments
- Rental income of crica. £84,000 per annum
- Finished to a high standard throughout
Description
Neville House is a beautifully presented Victorian semi-detached villa, thoughtfully converted into nine self-contained apartments and offered as an attractive ready-made investment opportunity.
The accommodation comprises six two bedroom apartments, two three bedroom apartments and one four bedroom apartment, all of which have been successfully operated as short term lets.
The property is presented to an excellent standard throughout, having benefited from a new roof and a range of external improvements. It occupies an impressive position with a smart block paved parking forecourt to the front, providing off street parking for multiple vehicles.
Internally, Neville House continues to impress, with each apartment finished to a high standard. The apartments feature quality kitchens and bathrooms, tasteful décor and well maintained communal and private living spaces, making the property highly appealing to both guests and investors alike.
The property is currently producing a reported net rental income of £84,000 per annum and is offered to the market with Vacant Possession.
From an investment perspective, Neville House offers a compelling opportunity, particularly given the excellent condition of the building both internally and externally. The quality of presentation should help minimise concerns regarding immediate capital expenditure, making this a strong turnkey investment proposition.
Financial information is held on file with Sanderson Young should anyone wish to see it.
Services: Mains electric, gas, water and drainage | Tenure: Freehold | Council Tax: Band A | Energy Performance Certificate: Rating TBC
Brochures
Property BrochureFull Details- 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.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Neville House, Clifton Road, Newcastle upon Tyne
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Visit our security centre to find out moreDisclaimer - Property reference 12836928. 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 Sanderson Young, Gosforth. 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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