Mixed use for sale
Property description & features
- Four bedroom terraced house of multiple occupation
- Two en suites and one bathroom
- Consistent rental history
- Ideally located within walking distance of transport links and amenities
- EPC Rating E
- Council Tax band A
- Tenant are all professionals
- Hmo
- All certificates valid
* FULLY REFURBISHED * TENANTED * HMO INVESTMENT * OVER FIVE YEARS CONSISTENT RENTAL HISTORY * ANNUAL RENT OF £21900 *
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 Split Crow Road, 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 £1825 pcm. All rooms are let individually to professional tenants with bills included.
Comprises of entrance hallway leading to bedroom one (with en-suite), living room and kitchen to the rear. Stairs to the first floor provide access to two further bedrooms (one with en-suite) and a shared bathroom. The fourth and final bedroom is located on the second floor in the converted loft space. Externally the property has a private rear yard. The property's cellar is accessible from the rear yard, is plumbed for bathroom/toilet facilities and provided appropriate approval is obtained, could offer an additional development opportunity in itself.
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
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Broadband availability and predicted speed: obtained from Ofcom on February 9, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 9, 2022
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Energy Performance data and Internal floor area: obtained on November 12, 2018 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.
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