This property is no longer on the market
5 bedroom terraced house
Key information
Property description & features
- INVESTMENT OPPORTUNITY
- PRE-LET FOR 2024/25
- RENT - £1,386 RISING TO £1,473pcm
- THREE STORY HOUSE
- TERRACED
- FIVE BEDROOMS / LICENCED AS A FOUR
- SOUGHT AFTER LOCATION
- 360 VIRTUAL TOUR
- YIELD CIRCA 7.6%
- 25+ YEARS OF RENTAL HISTORY
Investment opportunity, situated on Warwick Street in Heaton. This large three story property has five bedrooms and has a HMO license for 4 people, currently let to students for £16,632pa and pre-let for £17,676pa from 1st September 2024. The Property has been continuously rented for over 25 years and will be a sought after investment. Will be sold fully furnished including white goods. Please see the 360 virtual tour attached. Call today for more information.
Briefly comprising: entrance hallway with stairs up to the first floor landing, bedroom one with large bay window to the front, communal lounge area with access to the kitchen and access to the rear yard. The first floor is made up of two further bedrooms and the bathroom. To the second floor there is a loft bedroom and a spare room. Externally, there is the rear yard, which gives access to the back lane. On street parking is also available.
This is a fantastic opportunity to acquire an impressive 4/5 bedroom HMO property in an extremely sought after location, act fast to avoid disappointment. PLEASE NOTE THE CURRENT LICENCE IS FOR A MAXIMUM OF 4 TENANTS.
On The Ground Floor -
Hallway -
Bedroom - 4.63m x 3.85m (15'2" x 12'8") - Measurements taken at widest points.
Lounge - 4.81m x 3.85m (15'9" x 12'8") - Measurements taken at widest points.
Kitchen - 2.54m x 2.35m (8'4" x 7'9") - Measurements taken at widest points.
On The First Floor -
Landing -
Bedroom - 4.08m x 5.00m (13'5" x 16'5") - Measurements taken at widest points.
Bedroom - 4.63m x 2.90m (15'2" x 9'6") - Measurements taken at widest points.
Bathroom -
On The Second Floor -
Landing -
Bedroom - 3.01m x 4.50m (9'11" x 14'9") - Measurements taken at widest points.
Office - 3.73m x 2.40m (12'3" x 7'10") - Measurements taken at widest points.
Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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Property reference 32894266. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Brunton Residential - Jesmond.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 5, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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