Fairfield Road Newcastle Upon Tyne, 6 Bedrooms Maisonette ,Sold (STC)

Fairfield Road, Jesmond

Maisonette | Sold (STC)

£290,000

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6 Bedrooms
1 Reception Rooms
2 Bathrooms
  • HMO Investment Property
  • £18,200pa rent (10 months)
  • 7.5% Gross Yield (Annualised)
  • Tenanted until July 2021
  • Maisonette
  • Six Double Bedrooms
  • Prime Student Location
  • Rental Growth Potential
  • Licensed HMO
  • EPC Rating D

HMO Licensed maisonette set over two floors with double bedrooms; a shower and bathroom plus separate WC, SPACIOUS kitchen and lounge. This property is currently TENANTED for 10 months until July 2021 with gross rents of £18,200 (equating to £70 per person per week) for the ten month period producing a gross yield of 7.5% per annum.

The property is accessed via a private front entrance which leads to a small entrance hall. A staircase from the hall provides access to the accommodation on the first floor. The spacious lounge is neutrally decorated with laminate flooring, and provides adequate space for seating and dining. The kitchen is accessed directly from the lounge and benefits from a range of wall and base units, integrated electric oven / hob and plumbing for a washing machine. Steps from the kitchen lead to the rear, SHARED YARD. On the first floor are three of the six DOUBLE bedrooms. The bath and shower room are both located on the second floor in addition to the SEPARATE WC. Along with the remaining three bedrooms. On street PARKING is available to the front of the property. Other benefits include uPVC double glazing and gas central heating.

The property is served by a variety of local amenities including shops, cafés and restaurants. Within easy walking distance is West Jesmond METRO STATION and bus links which provides easy access into Newcastle City Centre.

Energy Efficiency Rating

Current
Potential
61
73
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

CO2 Rating

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

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