Log In/Sign Up
Your email has been sent.
Summerhill House Hotel 214-216 Westmorland Rd 37 Room Hotel Newcastle Upon Tyne NE4 6QZ $1,471,867 ($39,780/Room)
Investment Highlights
- Fenestration is uPVC, double glazed throughout
- 37 rooms suitable for single occupation
- mineral felt covered roof
Executive Summary
Located on Westmorland Road in the vibrant city of Newcastle Upon Tyne, this impressive commercial property presents a remarkable opportunity for investors and developers alike. The property boasts an impressive configuration of around 40 bedrooms, making it an ideal candidate for a high-demand House in Multiple Occupation (HMO).
Currently, the property is part let and part vacant, offering immediate income potential while also allowing for further development or refurbishment to maximise its value. Its strategic location is merely a stone's throw away from the bustling city centre, ensuring that residents will enjoy easy access to a wealth of amenities, including shops, restaurants, and public transport links.
The freehold for this property is now available for sale, presenting a unique chance to acquire a substantial asset in a thriving area. With the growing demand for rental accommodation in Newcastle, particularly among students and young professionals, this property is well-positioned to benefit from the city's dynamic rental market. Buyer fee applies.
Whether you are looking to expand your property portfolio or seeking a lucrative investment opportunity, this commercial property on Westmorland Road is not to be missed. Embrace the potential of this versatile space and explore the possibilities it holds for your future endeavours.
Currently, the property is part let and part vacant, offering immediate income potential while also allowing for further development or refurbishment to maximise its value. Its strategic location is merely a stone's throw away from the bustling city centre, ensuring that residents will enjoy easy access to a wealth of amenities, including shops, restaurants, and public transport links.
The freehold for this property is now available for sale, presenting a unique chance to acquire a substantial asset in a thriving area. With the growing demand for rental accommodation in Newcastle, particularly among students and young professionals, this property is well-positioned to benefit from the city's dynamic rental market. Buyer fee applies.
Whether you are looking to expand your property portfolio or seeking a lucrative investment opportunity, this commercial property on Westmorland Road is not to be missed. Embrace the potential of this versatile space and explore the possibilities it holds for your future endeavours.
Property Facts
| Price | $1,471,867 | Lot Size | 0.19 AC |
| Price Per Room | $39,780 | Building Size | 8,295 SF |
| Sale Type | Investment | No. Rooms | 37 |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1980/2022 |
| Property Subtype | Hotel | Parking Ratio | 1.12/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | $1,471,867 |
| Price Per Room | $39,780 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 8,295 SF |
| No. Rooms | 37 |
| No. Stories | 3 |
| Year Built/Renovated | 1980/2022 |
| Parking Ratio | 1.12/1,000 SF |
| Corridor | Interior |
Amenities
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 37 | $36.13 | - |
1 1
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Summerhill House Hotel | 214-216 Westmorland Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.