Offers over
£140,000
(£106/sq. ft)
5 bed property for saleSaltwell Road, Gateshead NE8
5 beds
2 baths
1 reception
1,324 sq. ft
EPC Rating: E
Sold STC
Leasehold
About this property
Residential Investment
Refurbished
Turn-key HMO with rental Valuation of £2000 - £2500 per calender month depending on market at time of completion
Town Centre Location
Newly Renovated
Fully Furnished
2 New Bathrooms with Walk in Showers
Eicr And Gas Safety Certification available
HMO License pending with Gateshead Council
Full fire alarm detection system
5 Fully Furnished Bedrooms
Newly refurbished**turn-key HMO investment**all rooms fully furnished**
rental income of £2k-£2.5k per month **
**dependent on marketing conditions at the time of completions**
Presenting an excellent opportunity for investors, families, couples or first time buyers, this spacious property has been modernised to a high standard. This provides a turn key property for whoever decides to purchase. The property is ready for individual room lets as soon as the sale is completed. All compliance is in place (eicr, Gas Safety, Smoke Alarms) and the Vendor has commenced an HMO application with the local council.
The accommodation comprises; a communal entrance and hallway leading to a spacious first-floor landing. Each of the 5 bedrooms have a double bed, wardrobe, chest of drawers, desk, lamp and chair. The shared kitchen/living space includes ample storage, a large fridge/freezer, washing machine, gas hob, oven, plus extractor fan. The Lounge houses comfortable sofas for relaxing, plus dining table and chairs, lamps, coffee table and a smart TV.
There are two separate shower rooms, with walk in shower cubicles, basins, wc's and storage, a private rear yard & parking on street.
Situated less than 1 mile from Gateshead Centre and just over 1 mile to both The Queen Elizabeth Hospital and Newcastle City Centre, with a host of local amenities nearby. A1 road links both north & south are only 10 mins by car.
rental income of £2k-£2.5k per month **
**dependent on marketing conditions at the time of completions**
Presenting an excellent opportunity for investors, families, couples or first time buyers, this spacious property has been modernised to a high standard. This provides a turn key property for whoever decides to purchase. The property is ready for individual room lets as soon as the sale is completed. All compliance is in place (eicr, Gas Safety, Smoke Alarms) and the Vendor has commenced an HMO application with the local council.
The accommodation comprises; a communal entrance and hallway leading to a spacious first-floor landing. Each of the 5 bedrooms have a double bed, wardrobe, chest of drawers, desk, lamp and chair. The shared kitchen/living space includes ample storage, a large fridge/freezer, washing machine, gas hob, oven, plus extractor fan. The Lounge houses comfortable sofas for relaxing, plus dining table and chairs, lamps, coffee table and a smart TV.
There are two separate shower rooms, with walk in shower cubicles, basins, wc's and storage, a private rear yard & parking on street.
Situated less than 1 mile from Gateshead Centre and just over 1 mile to both The Queen Elizabeth Hospital and Newcastle City Centre, with a host of local amenities nearby. A1 road links both north & south are only 10 mins by car.
More information
Tenure
Leasehold (977 years)
Service charge
Council tax band
A
Ground rent
£200
Ground rent date of next review
Ground rent review period
Every 25 years
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