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Investment
£670,000

6 bed terraced house for sale Investment Opportunity, Lynnwood Terrace, Grainger Park, Newcastle Upon Tyne NE4

6 beds
2 baths
2 receptions

Property location

  • Bahr Academy0.1 miles
  • Westgate Hill Primary Academy0.2 miles
  • Newcastle1.1 miles
  • MetroCentre1.3 miles

Features and description

  • Residential Investment

  • Freehold
  • Investment opportunity
  • Three HMO licensed properties
  • Six bedrooms per property
  • Three storeys
  • Gas central heating
  • Double glazed throughout
A rare opportunity to acquire an investment opportunity of three terraced HMO licensed properties, located in the Grainger Park area. The accommodation of one of the properties briefly comprises of, to the ground floor - lobby, hallway, lounge, kitchen, WC, shower room, utility area, shower room, bedroom. To the first floor of each property is a landing and three bedrooms. To the second floor of each property is a landing and two bedrooms. The accommodation to the remaining two properties briefly comprises of, to the ground floor - lobby, hallway, lounge, kitchen, inner hall, shower room, WC, utility area, shower room, bedroom. To the first floor of each property is a landing and three bedrooms. To the second floor of each property is a landing and two bedrooms.

We have been advised by the current owner that all of these properties are currently rented to professionals and students on a room by room basis with modern fixtures, facilities and communal areas. Other benefits include double glazing, gas central heating and the purchase is offered fully furnished as seen.

The properties are situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69.

Early viewing is recommended.

Property One

Lobby

Laminate flooring. Dado rail. Door to hallway.

Hallway

Laminate flooring. Radiator. Stairs to first floor landing.

Communal Lounge (14' 1'' x 13' 1'' (4.29m x 3.98m))

Double glazed window to rear. Radiator. TV point. Laminate flooring. Dado rail. Coving.

Communal Kitchen (14' 2'' plus recess x 8' 0'' (4.31m x 2.44m))

Double glazed window to side. Radiator. Fitted wall and base units. Tiled floor. Door to rear.

Inner Hallway

Communal Shower Room

Double glazed window. Shower cubicle. Low level WC. Pedestal wash hand basin. Chrome heated towel rail. Tiled floor.

Communal WC

Double glazed window. Low level WC. Cantilevered wash hand basin.

Communal Utility Area (12' 7'' plus recess x 11' 10'' max (3.83m x 3.60m))

Dado rail. Laminate flooring. Radiator.

Communal Shower Room

Shower cubicle. Cantilevered wash hand basin.

Bedroom One (15' 5'' max x 10' 0'' max (4.70m x 3.05m))

Double glazed window to front. Radiator. Laminate flooring.

First Floor Landing

Bedroom Two (13' 3'' x 10' 11'' (4.04m x 3.32m))

Double glazed window. Radiator. Laminate flooring.

Bedroom Three (13' 10'' x 13' 5'' (4.21m x 4.09m))

Double glazed window to front. Radiator. Laminate flooring. Dado rail.

Bedroom Six (12' 6'' max x 11' 10'' max (3.81m x 3.60m))

Double glazed window. Radiator. Laminate flooring.

Second Floor Landing

Bedroom Four (13' 3'' x 11' 0'' (4.04m x 3.35m))

Double glazed window. Radiator. Laminate flooring.

Bedroom Five (13' 3'' x 11' 4'' (4.04m x 3.45m))

Double glazed window. Radiator. Laminate flooring.

Property Two

Property two is a mirror image of property one.

Property Three

Lobby

Laminate flooring. Dado Rail. Door to hallway.

Hallway

Laminate flooring. Dado rail. Stairs to first floor landing.

Communal Lounge (14' 1'' into alcove x 13' 4'' (4.29m x 4.06m))

Double glazed window. Radiator. Laminate flooring. Coving. Dado rail. Store. Radiator. TV point.

Communal Kitchen (14' 3'' plus recess x 8' 0'' plus recess (4.34m x 2.44m))

Double glazed window. Radiator. Fitted wall and base units. Tiled floor.

Communal WC

Double glazed window. Low level WC. Cantilevered wash hand basin. Dado rail.

Communal Shower Room

Shower cubicle. Low level WC. Pedestal wash hand basin. Tiled floor.

Communal Utility Area

Laminate flooring. Radiator. Door to rear. Door to shower room.

Communal Shower Room

Shower cubicle. Cantilevered wash hand basin.

Bedroom One (16' 1'' x 10' 1'' into alcove (4.90m x 3.07m))

Double glazed bay window to the front. Radiator. Feature fireplace. Laminate flooring. Dado rail. Coving.

First Floor Landing

Bedroom Six (15' 10'' max x 12' 11'' max (4.82m x 3.93m))

Double glazed window. Radiator. Laminate flooring. Dado rail.

Bedroom Two (14' 2'' x 13' 4'' (4.31m x 4.06m))

Double glazed window. Radiator. Laminate flooring, . Dado rail.

Bedroom Three (13' 3'' x 11' 2'' (4.04m x 3.40m))

Double glazed window. Radiator. Laminate flooring. Dado rail.

Second Floor Landing

Bedroom Four (13' 3'' max x 11' 5'' max (4.04m x 3.48m))

Double glazed window. Radiator. Laminate flooring.

Bedroom Five (13' 2'' max x 11' 1'' plus recess (4.01m x 3.38m))

Double glazed window. Radiator. Laminate flooring.

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Listed by

Rook Matthews Sayer - FenhamView agent properties

380 West Road, Newcastle upon Tyne, NE4 9RL
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