Shortridge Terrace Newcastle Upon Tyne, 9 Bedrooms Investments Residential ,For Sale

Shortridge Terrace, Jesmond and Sandyford

Investments Residential | For Sale

Offers In Excess Of £600,000

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9 Bedrooms
3 Reception Rooms
3 Bathrooms
  • Investment Portfolio
  • 3no. 3 Bedroom Flats
  • Fully Pre-Let for 22-23 Academic Year
  • £39,240pa Income 22-23
  • 6.5% Gross Yield
  • Jesmond & Sandyford Locations
  • Asset Management Opportunities
  • EPC Ratings C-D
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INVESTMENT PORTFOLIO! Tenanted portfolio of three HMO properties in Jesmond and Sandyford.

The portfolio comprises of three ground floor 'Tyneside' flats, with a total of 9 letting bedrooms.

Ideal for students, the portfolio is located in popular and sought after areas and is pre-let for the 2022/23 academic year, providing immediate and ongoing income.

These HMOs boast a total gross income of £39.240 for the 2022/23 academic year.

Sorry floor plan is not available

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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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Shortridge Terrace, Jesmond

Ground floor 'Tyneside' flat briefly comprising of lounge, kitchen, three bedrooms and bathroom, located in Jesmond close to local amenities and transport links on Osborne Road and Jesmond Road. The property is pre-let for the 2022/23 academic year producing a gross income of £14,280. Leasehold - 999 years from 31/07/1984 Ground Rent - A peppercorn (fixed for term) Service Charge - 0 EPC Rating - D65

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