Student Accommodation for Auction Newcastle upon Tyne NE4

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Auction date: Thu, 22/08/2024 - 09:00

Guide Price £600,000 - £625,000. The property is a detached three storey building, constructed approximately 55 years ago of traditional cavity brick construction under a flat felt covered roof. Externally the property is secured with palisade fencing and there is a yard area. Internally the accommodation is arranged over ground and two upper floors and is used as student accommodation, with 38 rooms suitable for single occupation, together with communal areas, shared bathrooms and kitchens. The site area is about 0.07 hectares (0.19 acres). Current rent £144,000 per annum.

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