Meldon Terrace Newcastle Upon Tyne, 6 Bedrooms House ,Sold (STC)

Meldon Terrace, Heaton

House | Sold (STC)

Offers Over £300,000

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6 Bedrooms
1 Reception Rooms
6 Bathrooms
  • Investment Opportunity
  • £30,600pa Gross Income*
  • 10.2% Gross Yield*
  • Fully Let
  • Mid-Terrace House
  • Five En-Suite, One Off-Suite
  • Private Rear Yard
  • Desirable Heaton Location
  • *Rental Amounts inc. Utility Bills
  • EPC Rating C
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Impressive investment opportunity to acquire an HMO property in the heart of Heaton, fully let to professional tenants and producing a gross annual income of £30,600* and attractive 10.2% gross yield*.

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

Located close to Chillingham Road shopping parade with Tesco & Sainsbury's mini-supermarket along with an array of local businesses, 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
72
84
(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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