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7 bedroom property for sale

Mowbray Street, Heaton, NE6


Property Description

Key features

  • Investors or Home Buyers
  • Tenanted on Periodic Agreements*
  • 27,360pa Combined Income**
  • 10.3% Gross Yield
  • Pair Of Flats
  • Five Bedroom Upper Maisonette
  • Two Bedroom Ground Floor Flat
  • On Street Parking
  • Shared Rear Yard
  • EPC Ratings C & E

Full description

PAIR OF TYNESIDE FLATS consisting of a TWO BEDROOM ground floor flat and FIVE BEDROOM maisonette. Both properties are currently TENANTED on periodic tenancy agreements generating a combined rental income of £27,360 per annum representing (Upper flat's rent is inclusive of bills) a 10.3% gross yield.

Ground Floor Flat - A well maintained ground floor Tyneside flat conveniently located for Newcastle City Centre. RECENTLY CONFIGURED to allow for two GOOD SIZE double bedrooms and shower room/wc. The entrance hallway leads directly to the lounge which is positioned to the rear of the property with carpet flooring and neutral decor. The lounge leads directly to the kitchen which is of GENEROUS PROPORTIONS and benefits from a range of units to the wall and base with tiled flooring. A door from the kitchen leads to the shared rear yard. In the middle of the property is the fully tiled shower room with shower cubicle, wash hand basin and WC. Both bedrooms are DOUBLES, one is located to the front of the property the other to rear. Externally there is shared rear yard and on street parking to the front.

Maisonette - 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.

Location - 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.

New Room - *Vacant possession available on eight weeks notice.

**The rent for the upper maisonette is inclusive of bills , with 3 out of the 5 rooms currently occupied.

Property details currently awaiting client approval.

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More information from this agent

Listing History

Added on Rightmove:
04 October 2018


Map & Street View

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