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Offers over

£140,000

(£106/sq. ft)

5 bed property for sale
Saltwell Road, Gateshead NE8

    • 5 beds

    • 2 baths

    • 1 reception

    • 1,324 sq. ft

  • EPC Rating: E

  • Leasehold

Prime Property Associates Limited

Logo of Prime Property Associates Limited

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

  • Two Floors plus recent loft conversion

  • 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.

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More information

  • Tenure

    Leasehold (6 years)

  • Service charge

  • Council tax band

    A

  • Ground rent

    £200

  • Ground rent date of next review

  • Ground rent review period

    Every 25 years

See all recent sales in NE8

Property descriptions and related information displayed on this page are marketing materials provided by - Prime Property Associates Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Prime Property Associates Limited for full details and further information.