Glenthorn Road, Jesmond, Newcastle Upon Tyne

About this property

Hive Estates are delighted to present to the market this excellent five-bedroom maisonette on Glenthorn Road, West Jesmond, offering an attractive investment opportunity with tenants already in situ. Currently generating an annual rental income of £40,299.60, the property achieves an impressive 8.48% gross rental yield, making it an appealing addition to any investment portfolio.

Presented to a modern standard throughout, the property offers well maintained and practical accommodation ideally suited to the rental market. The spacious living room provides an excellent communal area and benefits from useful built in storage, while the generous kitchen is fitted with beige cabinetry, complementary worktops, herringbone-effect flooring and a range of integrated appliances. Five well proportioned bedrooms are furnished and finished in neutral tones with soft carpeting throughout. Two bathrooms provide excellent convenience for tenants, each fitted with a walk in shower enclosure, wash hand basin and WC.

Externally, the property benefits from access to a shared rear yard. Its location is particularly well suited to the rental market, with West Jesmond Metro Station and excellent bus links within easy reach. Jesmond's popular selection of shops, bars, restaurants and amenities is also just a short walk away. With tenants in situ, strong rental income and an attractive 8.48% gross yield, this represents an excellent turnkey investment opportunity in a consistently popular rental location.

Lounge/Diner

Metric: 4.55 x 4.00
Imperial: 14'11" x 13'1"
Mixed: 4.55 x 4.00 (14'11" x 13'1")

Kitchen

Metric: 2.75 x 2.60
Imperial: 9'0" x 8'6"
Mixed: 2.75 x 2.60 (9'0" x 8'6")

Bedroom 1

Metric: 4.30 x 4.00
Imperial: 14'1" x 13'1"
Mixed: 4.30 x 4.00 (14'1" x 13'1")

Bedroom 2

Metric: 3.00 x 2.60
Imperial: 9'10" x 8'6"
Mixed: 3.00 x 2.60 (9'10" x 8'6")

Bedroom 3

Metric: 3.35 x 2.60
Imperial: 10'11" x 8'6"
Mixed: 3.35 x 2.60 (10'11" x 8'6")

Bedroom 4

Metric: 3.20 x 4.20
Imperial: 10'5" x 13'9"
Mixed: 3.20 x 4.20 (10'5" x 13'9" )

Bedroom 5

Metric: 2.81 x 4.20
Imperial: 9'2" x 13'9"
Mixed: 2.81 x 4.20 (9'2" x 13'9")

Shower Room 1

Metric: 2.20 x 1.70
Imperial: 7'2" x 5'6"
Mixed: 2.20 x 1.70 (7'2" x 5'6")

Shoer Room 2

Metric: 1.94 x 2.00
Imperial: 6'4" x 6'6"
Mixed: 1.94 x 2.00 (6'4" x 6'6")

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