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Get brand editions for Hive Estates, Newcastle upon Tyne

Glenthorn Road, Jesmond, Newcastle Upon Tyne

PROPERTY TYPE

Maisonette

BEDROOMS

5

BATHROOMS

2

SIZE

1,248 sq ft

116 sq m

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

Key features

  • Five bedroom maisonette in sought after West Jesmond
  • Tenants in situ providing immediate rental income
  • £40,299.60 annual rental income
  • Impressive 8.48% gross rental yield
  • Modern, well maintained accommodation throughout
  • Spacious living room with built-in storage
  • Generous fitted kitchen with integrated appliances
  • Five well sized furnished bedrooms
  • Two bathrooms with walk in showers
  • Excellent transport links with West Jesmond Metro nearby

Description

Hive Estates are delighted to present to the market this excellent five-bedroom maisonette on Glenthorn Road, West Jesmond, offering an attractive investment opportunity with tenants already in situ. Currently generating an annual rental income of £40,299.60, the property achieves an impressive 8.48% gross rental yield, making it an appealing addition to any investment portfolio.

Presented to a modern standard throughout, the property offers well maintained and practical accommodation ideally suited to the rental market. The spacious living room provides an excellent communal area and benefits from useful built in storage, while the generous kitchen is fitted with beige cabinetry, complementary worktops, herringbone-effect flooring and a range of integrated appliances. Five well proportioned bedrooms are furnished and finished in neutral tones with soft carpeting throughout. Two bathrooms provide excellent convenience for tenants, each fitted with a walk in shower enclosure, wash hand basin and WC.

Externally, the property benefits from access to a shared rear yard. Its location is particularly well suited to the rental market, with West Jesmond Metro Station and excellent bus links within easy reach. Jesmond's popular selection of shops, bars, restaurants and amenities is also just a short walk away. With tenants in situ, strong rental income and an attractive 8.48% gross yield, this represents an excellent turnkey investment opportunity in a consistently popular rental location.

Lounge/Diner - 4.55 x 4.00 (14'11" x 13'1") -

Kitchen - 2.75 x 2.60 (9'0" x 8'6") -

Bedroom 1 - 4.30 x 4.00 (14'1" x 13'1") -

Bedroom 2 - 3.00 x 2.60 (9'10" x 8'6") -

Bedroom 3 - 3.35 x 2.60 (10'11" x 8'6") -

Bedroom 4 - 3.20 x 4.20 (10'5" x 13'9" ) -

Bedroom 5 - 2.81 x 4.20 (9'2" x 13'9") -

Shower Room 1 - 2.20 x 1.70 (7'2" x 5'6") -

Shoer Room 2 - 1.94 x 2.00 (6'4" x 6'6") -

Brochures

Glenthorn Road, Jesmond, Newcastle Upon TyneBrochure
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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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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Glenthorn Road, Jesmond, Newcastle Upon Tyne

Approximate location

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Affordability

Monthly repayments£2,256
Property: £ 475,000
Deposit: £ 47,500
Interest rate: 4.85%
Term: 30 years
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About Hive Estates, Newcastle upon Tyne

1 Starbeck Avenue Sandyford Newcastle Upon Tyne NE2 1RH

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.

The company has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.

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Disclaimer - Property reference 34906021. 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 Hive Estates, 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.

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