4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Mayfair Road, Jesmond, Newcastle Upon Tyne, NE2
£325,000

Our Summary

  • **Investment Opportunity**Four Bedroom Terraced House** A two storey period terraced property, well located close to West Jesmond Metro and Brentwood Avenue cafes and shops
  • 8%, with scope to potentially increase the number of occupants, subject to all necessary consents

Description

This investment opportunity is a two-storey period terraced house located in a desirable area near West Jesmond Metro and Brentwood Avenue cafes and shops. The property is currently let until July 2026, generating an annual rent of £22,256 and a gross yield of 6.8%. The house features a Reception Hall, Living Room, large Kitchen/Dining Room, three First Floor Bedrooms, and a Bathroom, with a south-facing rear yard. With double glazing and gas central heating, the property is well-maintained and ready for viewing. Additionally, there is potential to increase the number of occupants, subject to necessary consents, making this a lucrative investment opportunity for the savvy buyer.