Hive Estates Limited

Tel: 01912 618500

1 Starbeck Avenue
Sandyford
Newcastle upon Tyne
NE2 1RH

Glenthorn Road, Jesmond, Newcastle Upon Tyne

Offers Over £475,000

5 Bedroom Maisonette

Five bedroom maisonette in sought after West Jesmond
Tenants in situ providing immediate rental income
£40,299.60 annual rental income
Impressive 8.48% gross rental yield
Modern, well maintained accommodation throughout
Spacious living room with built-in storage
Generous fitted kitchen with integrated appliances
Five well sized furnished bedrooms
Two bathrooms with walk in showers
Excellent transport links with West Jesmond Metro nearby

Hive Estates are delighted to present to the market this excellent five-bedroom maisonette on Glenthorn Road, West Jesmond, offering an attractive investment opportunity with tenants already in situ. Currently generating an annual rental income of £40,299.60, the property achieves an impressive 8.48% gross rental yield, making it an appealing addition to any investment portfolio.

Presented to a modern standard throughout, the property offers well maintained and practical accommodation ideally suited to the rental market. The spacious living room provides an excellent communal area and benefits from useful built in storage, while the generous kitchen is fitted with beige cabinetry, complementary worktops, herringbone-effect flooring and a range of integrated appliances. Five well proportioned bedrooms are furnished and finished in neutral tones with soft carpeting throughout. Two bathrooms provide excellent convenience for tenants, each fitted with a walk in shower enclosure, wash hand basin and WC.

Externally, the property benefits from access to a shared rear yard. Its location is particularly well suited to the rental market, with West Jesmond Metro Station and excellent bus links within easy reach. Jesmond's popular selection of shops, bars, restaurants and amenities is also just a short walk away. With tenants in situ, strong rental income and an attractive 8.48% gross yield, this represents an excellent turnkey investment opportunity in a consistently popular rental location.

Lounge/Diner

4.55 x 4.00 (14'11" x 13'1")

Kitchen

2.75 x 2.60 (9'0" x 8'6")

Bedroom 1

4.30 x 4.00 (14'1" x 13'1")

Bedroom 2

3.00 x 2.60 (9'10" x 8'6")

Bedroom 3

3.35 x 2.60 (10'11" x 8'6")

Bedroom 4

3.20 x 4.20 (10'5" x 13'9" )

Bedroom 5

2.81 x 4.20 (9'2" x 13'9")

Shower Room 1

2.20 x 1.70 (7'2" x 5'6")

Shoer Room 2

1.94 x 2.00 (6'4" x 6'6")

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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