Gladstone Terrace, Sandyford, NE2 1AY

Investment Opportunity with a Gross Yield of 9% Well Positioned Six Bedroom Student Rental Property With Two Bathrooms, Generous Communal Accommodation and Excellent Rental Income!

This substantial terraced property is currently rented at £3,744pcm, providing an annual rental income of £44,928 and a fantastic gross yield of approximately 9% based on offers over £500,000.

Ideally located in the popular student area of Sandyford, the property is well placed for access to a range of local shops, cafés, restaurants and transport links, as well as being within easy reach of Newcastle City Centre, Jesmond, Heaton and the city’s universities.

The accommodation is arranged to suit the student rental market and comprises six bedrooms, two bathrooms and well proportioned shared living space, offering a practical layout for multiple occupants along with a lovely rear yard.

The property’s strong rental income, central location and established tenant appeal make it an attractive opportunity for investors seeking a high-yielding student let in a consistently popular area of Newcastle.

A compelling investment opportunity offering immediate rental income and a strong gross yield.

On The Ground Floor - Hallway - Utility/Wc - 1.54m x 1.68m (5'1" x 5'6") - Measurements taken from the widest points.

Bedroom - 3.53m x 4.22m (11'7" x 13'10") - Measurements taken from the widest points. Living Room - 5.70m x 3.72m (18'8" x 12'2") - Measurements taken from the widest points.

Kitchen - 4.60m x 2.31m (15'1" x 7'7") - Measurements taken from the widest points. On The First Floor - Landing - Bedroom - 3.50m x 2.72m (11'6" x 8'11") - Measurements taken from the widest points.

Bedroom - 3.50m x 2.68m (11'6" x 8'10") - Measurements taken from the widest points. Bedroom - 3.71m x 3.43m (12'2" x 11'3") - Measurements taken from the widest points.

Shower Room - 1.88 x 0.86 (6'2" x 2'9") - Measurements taken from the widest points. Bathroom - 1.78 x 2.31 (5'10" x 7'6") - Measurements taken from the widest points.

On The Second Floor - Bedroom - 3.56m x 5.36m (11'8" x 17'7") - Measurements taken from the widest points. Bedroom - 3.64m x 5.50m (11'11" x 18'1") - Measurements taken from the widest points.

Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.

All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.

All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.

Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.