Grove House, 11 King Street, Newcastle, ST5
- 3 beds
- 1 baths
- 1 reception
Key Features
- Period Ground Floor Apartment
- 3 Double Bedrooms
- 1 Reception Room
- Separate Kitchen
- Patio
- Parking
- Tenanted at £395 Per Week
- Tenants for 25/26 Academic Year Signed Up at £17,380
- Sold With Tenants in Situ
- No Onwards Chain
- Close To Local Amenities and Hospital
- Council Tax Band D
Description
**ATTENTION INVESTORS - FANTASTIC STUDENT BUY TO LET**
**CURRENT RENT £395pw**
**STUDENT TENANTS FOR 25/26 ALREADY SIGNED AT £17,380**
Located on the edge of Newcastle town centre and within close proximity to the Royal Stoke University Hospital this fantastic apartment offers a superb opportunity for the canny investor or residential homeowner alike.
Offering a wealth of versatility, his ground floor apartment is currently let out by the current owners as a 3 bedroom apartment, perfect for friends and colleagues to share or for a small family. However the property is just as becoming as a large 2 bed apartment with 2 reception rooms making it perfectly adaptable to individual needs.
In brief the accommodation comprises of: Entrance hall/porch, living room, kitchen, family bathroom, large bedroom 3 that could also be a second reception room, master bedroom with en suite and a further 2nd double bedroom.
Benefiting from its own private entrance, outside patio area with sole use for this apartment and off road parking, viewing is Highly Recommended.
Currently let out at £395 per week for both this current academic year (24/25) and next Academic year (25/26) on a 44 week agreement, and sold with tenants in situ, this property is an investors dream.
Sure to be popular due to the potential on offer, please call Leaders at your earliest convenience for more information and to arrange a viewing.
Leasehold: 984 years remaining
Service Charge: £2352 per annum
Ground Rent: £500 per annum
Council Tax Band D; Council Tax Band: D; Service Charge: 2352 £196 pcm - South East London Estates; Ground Rent: 500
-
Disclaimer
These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
Grove House, 11 King Street, Newcastle, ST5
- 3 beds
- 1 baths
- 1 reception
Similar Properties
How much is your property really worth?
Our accurate sales & rental valuations are based on market trends and local expertise, as well as the latest data. Leaders will achieve the best price and timescales for your sale or let.
book a valuation