Buy to Let

Before

Former vacant detached Guest house located in Gateshead, converted into 7 studios all with en suites, 6 doubles, one single.
Large refitted communal kitchen, communal lounge, utility room, large gardens to front and sides, private driveway for six cars and two detached garages.

Property had been vacant for some time, and required refurbishing throughout, sourced and refurbished by NEPI, ready for clients.

Gateshead Buy to Let Property Renovation

 

Gateshead Buy to Let Property Renovation

 

 

 

Gateshead Buy to Let Property Renovation

 

 

 

Gateshead Buy to Let Property Renovation

 

Gateshead Buy to Let Property Renovation

 

After

Fully Refurbished throughout

  • New kitchen
  • New en suites showers/bath
  • Fully plastered throughout
  • Hardwired fire alarm system with new fire panel
  • Electrics upgraded and certified
  • New décor
  • Various joinery altered through
  • New Utility room
  • New heating combination boiler, upgraded to
  • 40+kw with 7 year warranty
  • Fire alarm certificate approved
  • New panel decorative fire doors, and fittings
  • Fully carpeted and wood flooring
  • Change of use granted
  • HMO License not required, and approved by
  • Local Council

The rooms

Offer quality accommodation, fully furnished with brand new furniture and soft furnishings, double bed, double wardrobe, chest of draws, bedside unit with lamp, under bench fridge freezer and new flat screen free view TVs.
All rooms En suite with shower cubicle, a basin, and toilet, 2 rooms walk in showers with cladding and one of the rooms fitted open bath.

Location

Offers excellent transport links to Newcastle or Durham, based right on Durham Road, Birtley Town, with many local pubs, and facilities literally on the doorstep, Newcastle vibrant quayside with a great choice of bars, restaurants with buses every 15 minutes both South Durham and Newcastle. Approx 15 min drive,  Queen Victoria hospital is also minutes drive, this major hospital attracting lots of new medical staff due to various new employment contracts specially for over sea training.

Gateshead Buy to Let Property Renovation

 

Gateshead Buy to Let Property Renovation

 

 

Gateshead Buy to Let Property Renovation

 

Gateshead Buy to Let Property Renovation

 

Gateshead Buy to Let Property Renovation

 

 

Gateshead Buy to Let Property Renovation

 

Gateshead Buy to Let Property Renovation

 

Chester le Street Town only 5 minutes and Durham 15 minutes.

Tenants

Professionals only, who are sociable, considerate, clean, and tidy of course.

Income

  • (£110 pw per room. )
  • 7 rooms £40,040
  • (Garages leased £2,400 – +)
  • Total Gross Income £42,440
  • (Rooms of this standard are asking for £120 pw)

SOLD £310,000

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