7 Bedroom Jesmond Road
7 bedroom terraced house to rent
 
£2,470 pcm
 
     
    We are pleased to offer this ideal Student accommodation set in the sought after area of Jesmond, Newcastle Upon Tyne.

    The property is well located for easy access to the A1058 transport routes to City Centre, Universities, local towns & Coastal areas, A19 interchange and Silverlink Retail Park.

    The property is ideally located to local bars, restaurants, coffee shops, shopping facilities and Jesmond Park.

    The accommodation has recently undergone a major refurbishment which offers 7 substantial rooms complete with gas combi heating, personal TV facilities, along with new central bathroom & shower facilities, a fully fitted and equipped breakfasting relax Kitchen, with walk out access to a rear decked private terrace.

    Furnishing, new flooring and a contemporary decor is offered to enable the ambience of an adequate accommodation in a desirable area.

    The rent is £2470 pcm of which is structured over 12 months with an apportioned rent payment system over an 8 months period, to be discussed and agreed.

    Rental Income

    Rental income calculated on a one tenancy for all, bills not included as follows…

    5 x rooms at £90 plus 2 x rooms at £60 = £570 per week x 52 weeks = £29,640 p.a. on a minimum 12 months tenancy agreement.

    divide this by 12 payments = £2470 pcm

    The accommodation requires an agreed payment structure over an 8 or 10 months period.

    10 payments = £2,964 p.c.m
    8 payments = £3705 p.c.m

    Admin to reserve - Tenant set up Fee £150 per person incl vat.

    Tenant set up fee – Includes

    Reservation of the property

    Carrying out credit check, landlord check, fraud check and affordability check.

    Gaining references from 3rd parties where applicable.

    Carrying out right to rent checks

    Drawing up Tenancy Agreements, inventory (where applicable),
    prescribed information, standing order form and repairs procedure (where applicable).

    Depositing Damage bond to the Deposit Protection Scheme and issuing relevant documentation pertinent to legal requirements

    Collecting 1st months rent and damage bond.
     
    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective tenant.