ROI = 9% BMV = 0.0%
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Description
**Investment Opportunity**Six Bedroom HMO** A three storey end-terraced house, ideally located within reach of all Jesmond amenities, and enjoying good access to Newcastle City Centre and Universities. Enjoying a long rental history, the house is currently let until August 2025, and generates a rental income of £35,880 per annum and a gross yield of 6.0%. Exceeding 2,200 square feet, the property includes an Entrance Hall, Two Ground Floor Double Bedrooms, a spacious Dining Kitchen, a Utility Room, a Shower Room, an impressive first floor Living Room, Four Further Double Bedrooms, a Bathroom, and a Second Shower Room. The house further benefits from double glazing, gas central heating, and a rear yard providing off-street parking.
Find out MoreProperty Details
- Property ID: 153196181
- Added On: 2024-09-30
- Deal Type: For Sale
- Property Price: £595,000
- Bedrooms: 6
- Bathrooms: 1.00
Amenities
- Investment Opportunity
- Three Storey End-Terrace House
- HMO License
- Six Bedrooms
- Three Bathrooms
- 6% Gross Yield
- Rental History
- Popular Student Area
