Glenthorn Road, Jesmond, Newcastle... 5 bed maisonette for sale

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Glenthorn Road, Jesmond, Newcastle... 5 bed maisonette for sale

Glenthorn Road, Jesmond, Newcastle upon Tyne
£395,000

Our Summary

  • INVESTMENT OPPORTUNITY - CURRENTLY LET FOR 2024/25 - PRE-LET FOR 2025/26 - ANNUAL INCOME £33,792 - GROSS YIELD OF 8
  • 2m2) | Investment Opportunity | Let for 2024/25 & Pre Let for 2025/26 | Annual Income £33,792 | Gross Yield 8

Description

This investment opportunity is a four-bedroom upper floor maisonette located in Jesmond, Newcastle, with a gross yield of 8.55%. The property is currently let for 2024/25 and pre-let for 2025/26, generating an annual income of £33,792. The maisonette is situated close to West Jesmond Metro Station, shops, cafes, and restaurants, and features a private rear yard with gated access. The property has a total floor area of 1,143 square feet and benefits from gas central heating. The leasehold property has 961 years remaining and a peppercorn rent. The property is rated Band B for council tax and has an EPC rating of D.
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