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Clayton Road, Newcastle Upon Tyne, NE2 4RP

PROPERTY TYPE

Semi-Detached

BEDROOMS

18

BATHROOMS

6

SIZE

4,886 sq ft

454 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

  • 18 Letting Rooms across four floors
  • Semi-Detached - 4,886 sq ft (454 sq m)
  • Period property retaining original features
  • Brandling Village Conservation Area
  • Single HMO licence for up to 24 persons
  • £134,000 gross income per annum
  • Development Potential - loft, garage plot and further en-suites
  • Private driveway with parking for six
  • Separate garage
  • Built circa 1900

Description

SEMI-DETACHED 18-BEDROOM LICENSED HMO - CLAYTON ROAD, BRANDLING VILLAGE, JESMOND, NEWCASTLE UPON TYNE

4,886 sq ft (454 sq m) | Four floors | One HMO License for up to 24 persons | Parking for six | Investment with Development Potential.

 

Eighteen letting rooms over four floors in a large semi-detached Victorian period property on Clayton Road. This is located in the highly sought-after Brandling Village Conservation Area. One HMO license for up to 24 Tenants. Kitchens, Bathrooms, Laundry and Fire Alarm Systems already installed and in use. Private driveway with parking for six cars, plus a separate garage.

 

WHAT’S IN PLACE

•            3 fully fitted kitchens

•            4 bedrooms with their own kitchenettes

•            4 full bathrooms with WCs

•            2 separate shower cubicles

•            3 further WCs

•             Integrated Abel fire alarm system

•            Laundry room running 3 washing machines and 3 dryers

There are more than adequate interior amenities in place for a building of this size to cater for 24 persons.

 

THE BUILDING AND LOCATION

This character property impeccably maintains its original features externally and internally. Four generously proportioned floors of period architecture in the Brandling Village Conservation Area. Brandling Village sits at the City-Centre end of Jesmond, NE2, on leafy streets, a short walk from Osborne Road, the Metro Station and the City itself.

Tenant demand here comes from two directions; students and professionals. Students at Newcastle and Northumbria Universities are within walking distance. So are the nearby offices and hospitals that employ the young professional market.

 

ROOM TO ADD VALUE

Three areas of headroom the current layout can add value:

 • The loft area, unconverted

 • The garage plot

 • En-suites to further rooms

Each of the above potential routes will add more rooms, occupancy and rent. This is an Ideal Investment Opportunity with Development Potential.

 

PARKING

A private driveway with six parking spaces and a separate garage - an extremely rare feature for an HMO in this highly desirable location, significantly reducing the need for on-street parking.

 

OPTIONAL MANAGEMENT

Some Buyers prefer to manage a building like this themselves, others want the income without the day-to-day admin. Both are possible here.

Full management can be arranged locally as part of the purchase, tenant sourcing, room turnover, rent collection, licence compliance, safety certification, repairs and scheduled inspections, with a statement to you each month.

 

VIEWINGS

Viewings are by appointment and I attend personally.

For any further information please feel free to contact Eslam directly on .

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: G
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway,Private
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
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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Clayton Road, Newcastle Upon Tyne, NE2 4RP

Approximate location

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Affordability

Monthly repayments£8,525
Property: £ 1,699,950
Deposit: £ 169,995
Interest rate: 5.33%
Term: 30 years
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Extension potential
Recently sold & under offer
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Disclaimer - Property reference S1822469. 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 eXp UK, North East. 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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