Hive Estates Limited

Tel: 01912 618500

1 Starbeck Avenue
Sandyford
Newcastle upon Tyne
NE2 1RH

Wolseley Gardens, Jesmond, Newcastle Upon Tyne

Offers Over £260,000

4 Bedroom Flat

Excellent four bedroom investment opportunity
Currently let at £19,752 per annum
Attractive 7.6% gross rental yield
Popular student location in Jesmond
Four well sized bedrooms
Spacious communal lounge
Fully fitted shaker style kitchen
Two bathrooms, including bath and shower rooms
Well presented and neutrally decorated throughout
Close to universities, city centre, shops, bars and restaurants

Hive Estates are delighted to present this excellent investment opportunity to acquire a well proportioned four bedroom maisonette on Wolseley Gardens, situated in the highly sought after area of Jesmond. Currently let and generating an annual rental income of £19,752, the property offers an attractive gross rental yield of 7.6%, making it an appealing addition to any investment portfolio and particularly well suited to the student rental market.

The property provides spacious and practical accommodation throughout, comprising four well sized bedrooms, a generous lounge, a fully fitted kitchen and two bathrooms. The kitchen features wooden shaker style units, grey worktops, a blue tiled splashback, grey laminate flooring and a range of integrated appliances. Two bathrooms provide added convenience, with one fitted with a bath and the other with a shower, both finished in a neutral style.

Neutrally decorated throughout, the property benefits from grey carpeting across the bedrooms and living areas, creating a clean and practical finish well suited to student tenants. The well-proportioned layout offers a comfortable balance of communal and private living space, while the property also benefits from a private garage, providing valuable additional storage and parking.

Wolseley Gardens is ideally positioned for access to Newcastle city centre and the city's major universities, while a wide range of shops, bars, restaurants and local amenities are all within easy reach. With an established rental income, strong gross yield and highly desirable student location, this is a fantastic opportunity for investors seeking a ready-made student property in Jesmond.

Lounge/Diner

4.30 x 3.60 (14'1" x 11'9")

Kitchen

3.00 x 2.30 (9'10" x 7'6")

Bedroom 1

5.80 x 3.10 (19'0" x 10'2")

Bedroom 2

4.35 x 3.60 (14'3" x 11'9")

Bedroom 3

3.10 x 2.30 (10'2" x 7'6")

Bedroom 4

2.75 x 2.30 (9'0" x 7'6")

Bathroom

1.90 x 2.40 (6'2" x 7'10")

Shower Room

2.00 x 1.40 (6'6" x 4'7")

Energy Efficiency and Environmental Impact

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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