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Summerhill House Hotel 214-216 Westmorland Rd 37 Room Hotel Newcastle Upon Tyne NE4 6QZ £1,100,000 (£29,730/Room)
Investment Highlights
- Fenestration is uPVC, double glazed throughout
- 37 rooms suitable for single occupation
- mineral felt covered roof
Executive Summary
Freehold Student Accommodation Building For Sale The subject is a detached three storey building, constructed approximately 55 years ago of traditional cavity brick construction under a flat, believed to mineral felt covered roof. The walls are rendered in part and painted. Fenestration is predominantly uPVC, double glazed throughout. Rainwater gutters are of a plastic type. Externally the property is secured with palisade fencing and there is a yard area that could be utilised. Internally the accommodation is arranged over ground and two upper floors and is utilised as student accommodation, with 38 rooms suitable for single occupation, together with communal areas, shared bathrooms and kitchens.
Property Facts
| Price | £1,100,000 | Total Plot Size | 0.19 ac |
| Price Per Room | £29,730 | Property Size | 8,010 sq ft |
| Sale Type | Investment | No. Rooms | 37 |
| Tenure | Freehold | No. Floors | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1980/2022 |
| Property Subtype | Hotel | Parking Allocation | 1.12/1,000 sq ft |
| Costar Property Class | C |
| Price | £1,100,000 |
| Price Per Room | £29,730 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 0.19 ac |
| Property Size | 8,010 sq ft |
| No. Rooms | 37 |
| No. Floors | 4 |
| Year Built/Renovated | 1980/2022 |
| Parking Allocation | 1.12/1,000 sq ft |
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Guest Room | 37 | £27.00 | - |
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Summerhill House Hotel | 214-216 Westmorland Rd
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