Buston Terrace, Jesmond, Newcastle upon Tyne

6 bed Terraced House for sale

Offers Over £574,950

Attention All Investors! Rare Opportunity To The Market - Managed by Bowson -6 Bedroom Terrace HMO! A Superb Investment, with Student Tenants Secured from 02/08/2024 for 12 months at £3,510.00pcm (£135pppw.)

Introducing an exceptional investment opportunity in the heart of Jesmond on Buston Terrace!
Boasting a prime location for students, this property offers a blend of original features, spacious social areas, and generous-sized bedrooms.

Encompassing over 1700 square feet across three floors, this property comprises a ground floor bedroom with a bay window and feature fireplace, leading through to a lounge/diner and a recently upgraded kitchen with fitted units, and access to the rear yard.

On the first floor, there is a bathroom with a shower over the bath, a separate W.C. three double rooms, and an additional walk-in closet.

The second floor includes two more attic rooms and a shower room.

The property is equipped with double glazing for improved energy efficiency and gas central heating.

Additionally, the rear yard with a bike shelter adds a touch of outdoor allure, and permit parking is available on the street.

Don't miss out on this chance to capitalise on a promising investment venture. Schedule your viewing today and unlock the potential of this remarkable property!

We have been advised:

The property tenure is freehold.

Property description: House in multiple occupation.
Licence type: Mandatory HMO licence expires 2029
License is non-transferable to the new owner.

Key Features

  • ESTIMATED YIELD RETURN OF 7.33%
  • LET TO 6 STUDENTS FROM 2/8/24 FOR 12 MONTHS AT £3510.00PCM (£135PPPW)
  • CONTINUOUS USE FOR A MANDATORY HMO
  • JOINT SEVERABLE LIABLE AST IN PLACE
  • MANAGED BY BOWSON
  • GREAT LOCATION FOR STUDENTS!
  • EPC D
  • SIX DOUBLE BEDROOMS AND TWO BATHROOMS
  • JESMOND LOCATION HIGH DEMAND FOR INVESTORS
  • ARRANGE YOUR VIEWING TODAY!
Ref: 266
Type: Terraced House
Price: Offers Over £574,950
Bedrooms: 6
Tenure: Freehold

Property location

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  • Property Address


You’re in Safe Hands

117 St George's Terrace
Jesmond, Newcastle
NE2 2DN

0191 212 8100
info@bowsonproperty.co.uk

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Saturday09:00 - 16:00
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