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6 bed property, in Gladstone Terrace, £500,000
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6 bed terraced house

Gladstone Terrace, Sandyford, NE2
£500,000

Our Summary

  • Investment Opportunity with a Gross Yield of 9% Well Positioned Six Bedroom Student Rental Property With Two Bathrooms, Generous Communal Accommodation and Excellent Rental Income
  • A compelling investment opportunity offering immediate rental income and a strong gross yield

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Description

A substantial six-bedroom terraced property sits in the popular student area of Sandyford, offering a gross yield of approximately 9% based on offers over £500,000. The accommodation is arranged with two bathrooms, a well-proportioned shared living space, and a lovely rear yard. The property's ground floor includes a hallway, utility/WC, bedroom, living room, and kitchen, while the first floor features five bedrooms, a shower room, and a bathroom.

The second floor is home to two large bedrooms. The property benefits from a central location, access to local shops, cafes, restaurants, and transport links, and proximity to Newcastle City Centre, Jesmond, Heaton, and the city's universities.