Second Avenue Newcastle Upon Tyne, 5 Bedrooms Maisonette ,For Sale

Second Avenue, Heaton

Maisonette | For Sale

Price £185,000

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5 Bedrooms
2 Bathrooms
  • Investment Opportunity
  • Tenanted Until August 2020
  • £18,038.52pa Rent Income
  • 9.75% Gross Yield
  • Maisonette
  • Five Double Bedrooms
  • Open Plan Lounge/Kitchen
  • Dining Area
  • Bathroom and Shower Room
  • EPC Rating D

An HMO Licensed, end of terrace maisonette with OPEN PLAN lounge, kitchen and dining area, DOUBLE bedrooms, bathroom and shower room. Currently TENANTED until August 2020 producing an annual rental income of £18,038.52 representing a gross yield of 9.75%. Making this an ideal investment opportunity.

Accessed via a private front entrance door leading to a short hallway and stairway which in turn leads to the first floor accommodation. The open plan lounge, kitchen and DINING AREA are located to the front and side of the property. The kitchen was recently installed during the summer of 2017. Featuring a substantial range of wall and base units, integrated gas hob and electric oven, plumbing for a washing machine, tiled splash back and slate effect floor tiles. The kitchen area offers AMPLE SPACE for a dining table and chairs. The lounge is a comfortable space to relax in with a neutral colour scheme and laminate flooring. Two of the five double bedrooms are located on the first floor, in addition to a full bathroom featuring a white three piece suite. Stairs from the first floor hallway provide access to the attic floor. The remaining double bedrooms are located on this floor, in addition to a recently upgraded shower room. Other features to note are; gas central heating, some uPVC double glazing, a recently installed fire escape, and boiler that was installed in 2014.

Located close to Chillingham Road and Heaton Road where there are plentiful local amenities including a Sainsburys Local and many local stores. The area is served by bus routes which allows access to Newcastle City Centre and Northumbria University's Coach Lane Campus. There is also Chillingham Road METRO STATION nearby for links to Newcastle City Centre & The Coast.

Energy Efficiency Rating

Current
Potential
57
76
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

CO2 Rating

Current
Potential
47
73
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

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