ROI = 9% BMV = -18.42%
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Description
Investment Opportunity in Jesmond: Seven Bedroom HMO on Queens Road Discover a prime investment opportunity on Queens Road consisting of a 5 bedroom maisonette HMO, a studio a studio apartment and a one bedroom self contained flat located on Queens Road in Jesmond. Currently let out at 5 HMO £2,600pcm, one bed £800pcm and studio £650pcm £4,050pcm, the potential for growth is evident. This presents a lucrative prospect with room for rent increases that surpass local market trends. Photos of One bed and Studio to follow. 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 Queens Road is a promising choice for seasoned investors and those looking to expand their property portfolios.
Find out MoreProperty Details
- Property ID: 152729144
- Added On: 2024-09-20
- Deal Type: For Sale
- Property Price: £675,000
- Bedrooms: 7
- Bathrooms: 1.00
Amenities
- Consisiting of 3 properties
- 5 bedroom maisonette let £2600pcm (£120pppw)
- Self contained 1 bedroom apartment £800
- Self contained studio £650pcm
- Investment opportunity
