Offers over
£1,699,950
18 bed semi-detached house for saleClayton Road, Newcastle Upon Tyne NE2
18 beds
6 baths
EPC Rating: D
About this property
18 Letting Rooms across four floors
Semi-Detached - 4,886 sq ft (454 sq m)
Period property retaining original features
Brandling Village Conservation Area
Single HMO licence for up to 24 persons
£134,000 gross income per annum
Development Potential - loft, garage plot and further en-suites
Private driveway with parking for six
Separate garage
Built circa 1900
4,886 sq ft (454 sq m) | Four floors | One HMO License for up to 24 persons | Parking for six | Investment with Development Potential.
Eighteen letting rooms over four floors in a large semi-detached Victorian period property on Clayton Road. This is located in the highly sought-after Brandling Village Conservation Area. One HMO license for up to 24 Tenants. Kitchens, Bathrooms, Laundry and Fire Alarm Systems already installed and in use. Private driveway with parking for six cars, plus a separate garage.
What’s in place
• 3 fully fitted kitchens
• 4 bedrooms with their own kitchenettes
• 4 full bathrooms with WCs
• 2 separate shower cubicles
• 3 further WCs
• Integrated Abel fire alarm system
• Laundry room running 3 washing machines and 3 dryers
There are more than adequate interior amenities in place for a building of this size to cater for 24 persons.
The building and location
This character property impeccably maintains its original features externally and internally. Four generously proportioned floors of period architecture in the Brandling Village Conservation Area. Brandling Village sits at the City-Centre end of Jesmond, NE2, on leafy streets, a short walk from Osborne Road, the Metro Station and the City itself.
Tenant demand here comes from two directions; students and professionals. Students at Newcastle and Northumbria Universities are within walking distance. So are the nearby offices and hospitals that employ the young professional market.
Room to add value
Three areas of headroom the current layout can add value:
• The loft area, unconverted
• The garage plot
• En-suites to further rooms
Each of the above potential routes will add more rooms, occupancy and rent. This is an Ideal Investment Opportunity with Development Potential.
Parking
A private driveway with six parking spaces and a separate garage - an extremely rare feature for an HMO in this highly desirable location, significantly reducing the need for on-street parking.
Optional management
Some Buyers prefer to manage a building like this themselves, others want the income without the day-to-day admin. Both are possible here.
Full management can be arranged locally as part of the purchase, tenant sourcing, room turnover, rent collection, licence compliance, safety certification, repairs and scheduled inspections, with a statement to you each month.
Viewings
Viewings are by appointment and I attend personally.
For any further information please feel free to contact Eslam directly on .
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