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22 bed property, in Neville House, £1,050,000
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22 bed detached house

Neville House, Clifton Road, Newcastle upon Tyne
£1,050,000

Our Summary

  • Ready made investment opportunity
  • Attractive ready made investment opportunity of 9 self contained apartments
  • Neville House is a beautifully presented Victorian semi-detached villa, thoughtfully converted into nine self-contained apartments and offered as an attractive ready-made investment opportunity

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Description

Neville House is a Victorian semi-detached villa converted into nine self-contained apartments, comprising six two bedroom, two three bedroom, and one four bedroom apartments. The property has a smart block paved parking forecourt to the front, providing off-street parking for multiple vehicles. Internally, the apartments feature quality kitchens and bathrooms, tasteful décor, and well-maintained communal and private living spaces.

The property has a new roof and external improvements, and has been operated successfully as short-term lets, producing a reported net rental income of £84,000 per annum.