Fairfield Road, Newcastle Upon Tyne

£565,000
Fairfield Road 10 Newcastle Upon Tyne NE2 3BY UK
Fairfield Road, Newcastle Upon Tyne
Fairfield Road 10 Newcastle Upon Tyne NE2 3BY UK
  • £565,000

Features

  • 6
  • 1
  • 2
  • 6-bedroom HMO maisonette
  • Approx 8.5% yield
  • Central Jesmond location ideal for students
  • Council tax band: B
  • Currently tenanted - Achieving £155 per room per week - £48,360 per annum
  • EPC RATING D
  • Peppercorn Lease - 999 years from 11 March 1994

Description

A remarkable 6-bedroom HMO maisonette, which offers student accommodation. Situated in a sought-after location, the property provides easy access to local amenities and public transport links, making it an ideal consideration for investors.

There is a reception room, kitchen, 2 bathrooms and 6 well proportioned bedrooms.

This property is currently tenanted, achieving an income of £48,360 per annum, which makes it an attractive and profitable investment opportunity.

The EPC rating of this house is D, and it falls within council tax band B. We invite you to seize this opportunity to own a high-potential investment property in a prime location.

PRIMARY SERVICES SUPPLY

Electricity: MAINS

Water: MAINS

Sewerage: MAINS

Heating: GAS CENTRAL HEATING

Broadband: FIBRE

Mobile Signal Coverage Blackspot: NO

Parking: ON STREET PERMIT PARKING



MINING

The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.

Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

Downloads

Property Documents

Energy Performance Certificate

Overview

  • Fine Living Property, Residential, Sale
  • Property Type
  • 6
  • Bedrooms
  • 2
  • Bathrooms

Compare listings

Compare

Free Valuation

Our team of specialists will advise you on the real value of your property. Click here. You will be redirected to a third party website.

Previous Next
Close
Test Caption
Test Description goes like this
Secret Link