No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers over£185,000
Added > 14 days

Mixed use for sale

Caris Street, Gateshead NE8
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Mixed use
4 bed
0 bath
EPC rating: C*

Property description & features

  • Four bedroom terraced house
  • Two en suite bedrooms, two bedrooms with dedicated off suite shower rooms
  • Consistent rental history
  • Ideally located within walking distance of transport links and amenities
  • EPC rating C
  • Popular Location
  • Tenanted to professionals
  • Hmo
  • All certificates valid
  • Council Tax Band A

* FULLY REFURBISHED * TENANTED * HMO INVESTMENT * OVER FIVE YEARS CONSISTENT RENTAL HISTORY * ANNUAL RENT OF £23,580 *

Cloud Estates are thrilled to welcome to the sales market this tenanted four bedroom terraced house, which is currently operating as an established HMO on Caris Street, Gateshead. The property has been refurbished to a high standard throughout with the intention of offering an exceptional and unparalleled standard of living to professional tenants in the Newcastle and Gateshead area.

The four rooms achieve a combined monthly rental income of £1965 pcm. All rooms are let individually to professional tenants with bills included.

It comprises of entrance hallway, bedroom one (with an en-suite), living room and kitchen. Stairs to the first floor provide access to three further bedrooms (one with en-suite and two with dedicated off suite shower rooms). Externally the property has a private rear yard.

The property is situated in a convenient location within walking distance of numerous transport links, Gateshead QE Hospital and is located within a short commute of Newcastle and Gateshead, Team Valley Trading Estate and A1.

This is an excellent investment opportunity for the new owner.

Please contact Cloud Estates to arrange your viewing.



Council Tax Band: A
Tenure: Freehold

Places of interest

    Cloud Estates, formerly Cloud-Let, is a multi-award winning independent Estate Agent located on Heaton Road in Newcastle upon Tyne. Since our inception in 2013 we pride ourselves on our professional yet personal service and our willingness to go the extra mile. Instruct us with confidence as we are established members of the National Association of Estate Agents and our team boasts 20+ years of combined experience. We’re an estate agent with a modern outlook that combines traditional process with time saving technology and can confidently advise on all aspects of property transactions. The main services that we offer are as follows; - Sales - Student, residential and HMO lettings - Property management We cover predominantly Newcastle and Gateshead but are always open to a conversation if your property is slightly further afield. Get in touch today and a member of the team will be happy to help you.

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    *DISCLAIMER

    Property reference 11427508. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cloud Estates - Heaton.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 21, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on February 17, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on February 21, 2019 from 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.