Springbank Road Newcastle Upon Tyne, 5 Bedrooms Maisonette ,For Sale

Springbank Road, Sandyford

Maisonette | For Sale

£249,950

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5 Bedrooms
1 Reception Rooms
2 Bathrooms
  • Investment Opportunity
  • £17,160 pa Income 22/23
  • 6.7% Gross Yield
  • Tenanted until Summer 2023
  • Upper Maisonette
  • Five Bedrooms
  • Bathroom & Shower Room
  • Private Rear Yard
  • *Let to 4 Tenants
  • EPC Rating E
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INVESTMENT OPPORTUNITY! Tenanted upper maisonette HMO in Sandyford.

The property comprises of lounge, kitchen, five bedrooms, shower room, bathroom and additional WC, with private rear yard.

Ideal for student letting, the property is currently let and pre-let to summer 2023 to 4 tenants, with potential to increase the income through refurbishment.

The property, which is HMO Licensed and has a Lawful Development Certificate for C4 occupation, boasts a gross rental income of £17,160pa for the 2022/23 academic year.

Sorry floor plan is not available

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Energy Efficiency Rating

Current
Potential
46
80
(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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