Property Details

7 bedroom terraced house for sale For Sale

Granville Gardens, Newcastle Upon Tyne, Tyne and Wear, NE2

£499,950

ROI = 12% BMV = 12.29%

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Description

Investment Opportunity in Jesmond: Seven Bedroom HMO on Granville Gardens Discover a prime investment opportunity with this seven-bedroom House of Multiple Occupancy (HMO) located on Granville Gardens in Jesmond. Currently let out until the summer until summer 25 at £97 per person per week (£2,942 per calendar month), the potential for growth is evident. This HMO presents a lucrative prospect with room for rent increases that surpass local market trends. Exploring the Potential: Not only does this property offer attractive rental returns, but it's also part of a broader investment opportunity. Our portfolio includes multiple HMOs that will soon be available for purchase. If you're considering acquiring a portfolio of properties, please don't hesitate to reach out to our office for comprehensive information and to discuss your options further. Invest wisely and secure your stake in the thriving Jesmond property market. With its ideal location and income potential, this HMO on Holly Avenue is a promising choice for seasoned investors and those looking to expand their property portfolios.

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