Sunbury Avenue, Newcastle Upon TyneOffers Over £600,000
On MarketRMS Estate Agents - Jesmond - 0191 281 6700JR00004533
- HMO mid terrace house with LDC
- Rented until 27th July 2026
- Annual income of £41,600 per annum
- Generating a yield of 6.9%
- Five bedrooms plus spare study/storage room
- EPC D
- Council Tax Band D
- Freehold
A superb buy-to-let investment opportunity in the highly sought-after area of Sunbury Avenue, Jesmond, promising a reliable annual income of £41,600 per annum and currently let until 27.7.26. This desirable student accommodation is also a compelling opportunity for investors aiming for solid returns.
The property, a terraced house, showcases intelligently designed, spacious interiors spread across an impressive layout. The ground floor opens up to an inviting reception room, adorned with a charming fireplace and an elegant bay window. Also on this level, one will find the first of five generously proportioned double bedrooms.
At the heart of the property is a large kitchen, equipped with dining space, perfect for communal meals and gatherings. The capacious and efficient design ensures enough room for everyone's culinary ventures.
Moving to the upper levels, the first floor features three sizeable double bedrooms, a bathroom, a separate WC, while the second floor is home to another double bedroom coupled with an en-suite shower room. Also on this level is a bonus study/storage room, offering an array of versatile uses.
Complementing the interiors is a south-facing rear yard which can be the perfect nook for a breath of fresh air and some outdoor relaxation.
Proximity to public transport links and various local amenities maximizes convenience for tenants, enhancing the property's appeal. With an EPC rating of 'D' and a Council Tax Band 'D', the house is remarkable for its investment potential. Seize this prime opportunity for a sound long-term investment.
PRIMARY SERVICES SUPPLY
Electricity: MAINS
Water: MAINS
Sewerage: MAINS
Heating: GAS CENTRAL HEATING
Broadband: FIBRE
Mobile Signal Coverage Blackspot: NO
Parking: ON STREET PERMIT PARKING
MINING: The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.
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