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Wolseley Gardens , Jesmond Vale , Newcastle upon Tyne

PROPERTY TYPE

Maisonette

BEDROOMS

4

BATHROOMS

2

SIZE

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

Description

Mansons are delighted to bring to the market this well-positioned four-bedroom maisonette on Wolseley Gardens, situated in the popular Jesmond Vale area, close to a range of local amenities and excellent transport links.
The property benefits from double glazing and gas central heating and offers spacious and versatile accommodation arranged over two floors, making it an ideal investment opportunity.
The property is accessed via a private entrance, leading to a staircase ascending to the first floor. The first floor comprises; living room, with access through to a kitchen. Also located on this floor are three bedrooms and a bathroom.
To the second floor is a fourth bedroom, together with a useful storage room and separate shower room, providing additional accommodation and convenience.
Externally, the property benefits from a private rear yard.
The property is currently let to four tenants at £1,733 per calendar month, producing an annual rental income of £20,796 and a gross yield of 7.99%, making this an attractive proposition for investors seeking an established rental investment.
Viewings are strongly recommended to appreciate the accommodation and investment potential on offer.

Entrance

Lobby with cornicing, picture rail, stairs leading to the first floor landing and central heating radiator.

Living Room

4.29m ( 14'1'') x 3.00m ( 9'11'')

Living room with cornicing, picture rail, cupboard with overhead storage space, central heating radiator and smoke detector.

Kitchen

2.85m ( 9'5'') x 2.00m ( 6'7'')

Fitted kitchen with a range of wall and floor units, stainless steel double sink unit, electric cooker point, plumbing for washing machine and central heating radiator.

Bedroom 1

4.61m ( 15'2'') x 3.65m ( 12'0'')

Bedroom with cornicing, picture rail, ceiling rose, tiled period fireplace and central heating radiator.

Bedroom 2

3.12m ( 10'3'') x 2.31m ( 7'7'')

Bedroom with central heating radiator.

Bathroom

Bathroom with white suite comprising; bath with rinse shower and glazed shower screen, wash hand basin and WC, together with tiled splashbacks, central heating radiator and tiled flooring.

Bedroom 3

2.99m ( 9'10'') x 2.31m ( 7'7'')

Bedroom with central heating radiator.

Bedroom 4

5.68m ( 18'8'') x 3.02m ( 9'11'')

P-shaped bedroom with central heating radiator. Measurements taken to the widest point and into reduced head height.

Shower Room

1.82m ( 6'0'') x 1.42m ( 4'8'')

Shower room with corner shower cubicle, central heating radiator, tiled flooring and extractor fan.

Storage Room

3.42m ( 11'3'') x 1.37m ( 4'6'')

Into reduced head height . Central heating radiator

External

To the rear there is a private enclosed yard with a gate providing access to the rear lane.

Additional Information

We have been advised by the vendor of the following information:-
The tenure of this property is: Leasehold
Lease length: 999 years from 9th May 1986, 969 years remaining
Ground Rent: Peppercorn
Service Charge: None
Council Tax band: B
EPC Rating: D
Broadband Checker: Please use the Open Reach website checking service.
Mobile Coverage: Please use the Ofcom website checking service.
Flooding Checker: via the Gov UK website.
If you are purchasing this property as an investment property to rent out, the current minimum energy efficiency rating is E. However from Oct 2030, the minimum required energy efficiency rating for a rental property will be C.
*Please note: AI may have been used to remove personal belongings, virtually stage, or enhance marketing photographs. Images are for guidance only, and some furnishings, décor or items shown may not be present at the property.

Brochures

Property Brochure
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street,No disabled parking,Not allocated,No permit
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.
Ground floor

Wolseley Gardens , Jesmond Vale , Newcastle upon Tyne

Approximate location

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Affordability

Monthly repayments£1,258
Property: £ 250,000
Deposit: £ 25,000
Interest rate: 5.36%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Mansons Property Consultants, Jesmond

5 Holly Avenue West, Jesmond, Newcastle Upon Tyne, NE2 2AR
Industry affiliations:Industry affiliation logo 0

Manson's Property Consultants Ltd is an independent Sales & Lettings Agent set up in 2001. As a fully established and accomplished agent in the area, Manson's strive to offer the highest quality service at all times. Based in Jesmond, one of the most desirable areas of Newcastle, we boast an experienced team of staff offering thorough, efficient and honest advice.

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Disclaimer - Property reference sale-480. 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 Mansons Property Consultants, 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.

*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.