Cardigan Terrace Newcastle Upon Tyne, 6 Bedrooms House - end terrace ,Sold (STC)

Cardigan Terrace, Heaton

House - end terrace | Sold (STC)

Offers Over £320,000

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6 Bedrooms
1 Reception Rooms
6 Bathrooms
  • Investment Opportunity
  • £33,000pa Gross Rent*
  • Fully Let
  • 10.3% Gross Yield*
  • End Terrace House
  • Six Bedrooms
  • Five En-Suite, One Off-Suite
  • Desirable Heaton Location
  • *Rental Amounts inc. Utility Bills
  • EPC Rating TBC
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Impressive investment opportunity to acquire a fully let HMO property in the heart of Heaton, fully let to professional tenants and producing a gross annual income of £33,000* and attractive 10.3% gross yield*.

Fully refurbished by the current owners to a very high standard, the property briefly comprises of six bedrooms, five with en-suite shower rooms and one off-suite bathroom, communal lounge & kitchen and private gravelled rear yard.

Located close to key streets Heaton Road and Heaton Park Road where a Sainsbury's mini-supermarket along with an array of local businesses can be found, the area is attractive to young professionals. The area is linked to Newcastle city centre via various bus routes and the Tyne & Wear Metro system.

Energy Efficiency Rating

Current
Potential
0
0
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

CO2 Rating

Current
Potential
0
0
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

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Agents Note

* Please note that gross rental and gross yield amounts include all utility bills

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