Wolseley Gardens , Jesmond Vale , Newcastle upon Tyne
Property Features
Property Summary
Full Details
Mansons are delighted to bring to the market this well-positioned four-bedroom maisonette on Wolseley Gardens, situated in the popular Jesmond Vale area, close to a range of local amenities and excellent transport links.
The property benefits from double glazing and gas central heating and offers spacious and versatile accommodation arranged over two floors, making it an ideal investment opportunity.
The property is accessed via a private entrance, leading to a staircase ascending to the first floor. The first floor comprises; living room, with access through to a kitchen. Also located on this floor are three bedrooms and a bathroom.
To the second floor is a fourth bedroom, together with a useful storage room and separate shower room, providing additional accommodation and convenience.
Externally, the property benefits from a private rear yard.
The property is currently let to four tenants at £1,733 per calendar month, producing an annual rental income of £20,796 and a gross yield of 7.99%, making this an attractive proposition for investors seeking an established rental investment.
Viewings are strongly recommended to appreciate the accommodation and investment potential on offer.