>
9 bedroom terraced house for sale
Devonshire Place, Jesmond, Newcastle Upon Tyne, NE2
£675,000
Devonshire Place, Jesmond, Newcastle Upon Tyne, NE2
£675,000
Our Summary
- **Freehold Investment Opportunity**Six Bedroom Upper Maisonette & Three Bedroom Ground Floor Flat**£50,000 Annual Rent / 7
Description
This freehold property in Jesmond offers a unique investment opportunity, comprising a six-bedroom upper maisonette and a three-bedroom ground floor flat. The property is well-located for access to local amenities and is currently let until August 2026, generating an annual rent of £50,000 and a gross yield of 7.4%. The ground floor flat features an entrance hall, living room/dining room, kitchen, three bedrooms, and a bathroom, while the upper maisonette boasts an entrance hall and landing, living room, dining kitchen, six bedrooms, a bathroom, shower room, and separate WC. With double glazing, gas central heating, and a rear yard, this property offers a rare chance to own a freehold investment with excellent rental potential.