Maisonette for sale in Claremont Road, Newcastle Upon Tyne NE2

*** investment opportunity - HMO compliant - three bedroom & two bathrooms - 7.8% yield***

Welcome to this charming two-storey maisonette, strategically positioned within walking distance of The rvi, both Universities, and the vibrant amenities of Newcastle City Centre. Currently leased until Summer 2024, this property serves as a superb investment, boasting an annual rental income of £15,720 and an impressive gross yield of 7.8%.

Briefly comprising: A private entrance and hallway, with stairs to first floor, unveiling a generously sized landing, perfect for a study area or the option to convert to a fourth bedroom, along with a cosy living room and a well-appointed kitchen/breakfast room.

The accommodation further comprises three HMO compliant double bedrooms, offering ample space and versatility, alongside a bathroom and a second large shower room, ensuring convenience and functionality for residents. Additionally, an extra second-floor storage room adds practicality and organization to the living space.

Enhanced with modern conveniences including double glazing and gas central heating, this property promises year-round comfort and energy efficiency. Outside, a communal rear yard provides a delightful retreat for relaxation or social gatherings.

With its desirable location, impressive rental income, and array of features, viewing is highly recommended to fully appreciate the appeal and potential of this remarkable property.

Tenure: Leasehold, 97 years remaining (Extension via Newcastle Council Available)