Glenthorn Road
Jesmond, Newcastle Upon Tyne, NE2
Offers Over: £395,000
- 5 bedrooms
- 1 receptions
- 2 bathrooms
Description
INVESTMENT OPPORTUNITY – CURRENTLY LET FOR 2024/25 – PRE-LET FOR 2025/26 – ANNUAL INCOME £33,792 – GROSS YIELD OF 8.55%! Centrally located close to West Jesmond Metro Station, the shops on Acorn Road and countless cafe’s and restaurants on Osborne Road, a four bedroom upper floor maisonette located on Glenthorn Road, Jesmond.
The accommodation briefly comprises: entrance hall with stairs to first floor; lounge; kitchen with fitted units and work surfaces; bathroom; two bedrooms. The second floor landing provides access to a further two bedrooms, both doubles with access to shower room. Externally, a private rear yard with wall boundaries and gated access to the rear service lane.
Upper Floor Maisonette | 1,143 Sq ft (106.2m2) | Investment Opportunity | Let for 2024/25 & Pre Let for 2025/26 | Annual Income £33,792 | Gross Yield 8.55% | Lounge | Kitchen | Five Bedrooms | Bathroom & Shower Room | Private Rear Yard | GCH | Leasehold – Tyneside Lease with Peppercorn Rent – 961 Years Remaining | Council Tax Band B | EPC: D
