£320,000
5 bed semi-detached house for saleStocksfield Avenue, Newcastle Upon Tyne NE5
5 beds
1 bath
2 receptions
EPC Rating: D
Added on
About this property
5 bedroom family home
Desirable location
Tenant in situ
Delivering 18,000 per annum
Summary
Pattinson Estate Agents are delighted to welcome to the market this excellent residential investment opportunity located on the highly sought-after Stocksfield Avenue, Fenham, Newcastle upon Tyne.
This substantial property is being offered for sale with a reliable tenant in situ currently paying 1,500 per calendar month. Generating an immediate, impressive gross annual rental return of 18,000 from day one of completion, this turn-key asset represents a hassle-free and highly lucrative addition to any buy-to-let portfolio.
This expansive five-bedroom property offers highly versatile, generous living space and is situated in a prominent residential area known for its strong capital growth and consistent rental demand. The home has been significantly extended to provide five well-proportioned bedrooms, a rare asset for the local rental market that easily commands its premium monthly yield. Comfort, warmth, and energy efficiency are maintained throughout the home with full gas central heating and double glazing.
The ground floor accommodation opens into a welcoming, bright entrance hallway featuring stairs leading to the first floor. This leads through to a well-proportioned, light-filled principal lounge that serves as an excellent main family living space. To the rear of the property, you will find a separate dining room, which is perfect for entertaining and features a modern, functional open-plan layout into the kitchen area. The kitchen itself is fitted with a practical range of wall and base units, maximizing workspace and utility. A highly convenient ground floor WC completes this level, adding vital functionality for large households.
Moving to the upper floors, the property continues to impress with its rare five-bedroom configuration. The bedrooms are all well-proportioned, providing ample space for double beds, wardrobes, and study desks, making the home highly adaptable for a growing family or multi-occupant tenancy.
These spacious rooms are served by a central family bathroom suite, with the layout maximizing natural light throughout.
Externally, the property benefits from a generous driveway providing convenient off-street parking to the front of the home, alongside a garage space dedicated strictly to storage use.
To the rear, there is a lovely enclosed private garden, which offers an excellent green space for outdoor relaxation, family activities, and al fresco dining.
Superbly located for long-term rental performance, Stocksfield Avenue is highly sought after due to its proximity to Stocksfield Avenue Primary School, local shops, and healthcare amenities.
It boasts excellent public transport links directly into Newcastle City Centre, the Metrocentre, and rapid access to both the A1 and A69 road networks.
Early viewing is highly recommended to fully appreciate the unique scope, generous size, and reliable yield on offer.
For further information or to arrange an internal inspection, please contact the Pattinson West Road team.
Council Tax Band: C
Tenure: Freehold
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