Property Details

6 bedroom maisonette for sale For Sale

Fern Avenue, Jesmond, Newcastle Upon Tyne, Tyne and Wear, NE2

£400,000

ROI = 25% BMV = 27.71%

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Description

Investment Opportunity in Jesmond: Six Bedroom HMO on Fern Avenue Discover a prime investment opportunity with this six-bedroom HMO located on Fern Avenue in Jesmond. Currently let out until the summer of 2025 at a competitive rent of £115 per person per week (£2,990 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. Invest wisely and secure your stake in the thriving Jesmond property market. With its ideal location and income potential, this HMO on Fern Avenue is a promising choice for seasoned investors and those looking to expand their property portfolios.

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