5 bedroom maisonette for saleMowbray Street, Heaton, NE6
- Investors or Home Buyers
- Tenanted on Periodic Agreement*
- £21,240pa Annualised Income**
- 14.2% Gross Yield
- Upper Maisonette
- Five Bedrooms
- Three Shower Rooms
- Lounge/Dining Area
- Shared Rear Yard
- EPC Rating E
Upper maisonette with DOUBLE bedrooms, THREE SHOWER ROOMS and galley style kitchen. Currently tenanted on periodic tenancy agreement producing an annualised rental income of £21,240 (inclusive of bills) producing a gross yield of 14.2%.
The LOUNGE/DINING AREA is positioned at the rear of the property with built in storage space which offers AMPLE SPACE for relaxing and dining. From the lounge the galley style kitchen is accessed. The kitchen boosts a range of wall and base units, integrated appliances including a gas hob/electric oven, tiled splash, and a door leading to the rear SHARED YARD. To the front of the property is a large double bedroom with EN-SUITE SHOWER ROOM, a double bedroom to the rear and a shower room with cubicle, wash hand basin and WC. The remaining three DOUBLE bedrooms are located on the attic floor in addition to a FURTHER SHOWER ROOM. Externally there is a shared rear yard with on street parking to the front.
Mowbray Street is located in Heaton nearby Heaton Park and Hotspur Primary School. There is access to many local shops and amenities, transport links include Chillingham Road METRO STATION providing access to both UNIVERSITIES and the city centre.
Agents Note - *Vacant possession available on eight weeks notice.
**£70-£80 per person per month is allocated towards utility bills, with 3 out of the 5 rooms currently occupied.
Property details currently awaiting client approval.
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