Property Details

6 bedroom semi-detached house for sale For Sale

Osborne Road, Jesmond, Newcastle upon Tyne, Tyne and Wear, England, NE2 2TE, United Kingdom

£600,000

ROI = 20% BMV = -0.13%

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Description

Presenting an exceptional opportunity for property investment, we have a semi-detached house listed for sale. This property boasts a well-structured layout, accommodating six double bedrooms, providing ample space and comfort for tenants. The heart of the house is the breakfasting kitchen, a perfect space for tenants to gather and enjoy meals together. A single but spacious reception room adds to the charm of the property, featuring a classic fireplace, offering a cosy and warm setting for those chilly winter evenings. The property is currently tenanted until September 2025, achieving a profitable rent of £3380 per calendar month, making it an excellent prospect for those seeking a steady income stream. Designed with an HMO setup, this house is ideally suited for student tenants, making it a strategic buy considering the location. Outdoors, a garden offers a calm and serene corner for tenants to unwind and relax, providing a touch of nature amidst the urban setting. The location of the property is a major advantage, with easy access to public transport links. This ensures that the daily commute for tenants is as hassle-free as possible, and amenities are just a short journey away. This substantial property promises a unique investment opportunity, offering an impressive blend of space, comfort, and strategic location. Its potential for high rental income makes it a must-consider for all serious property investors. PRIMARY SERVICES SUPPLY Electricity: MAINS Water: MAINS Sewerage: MAINS Heating: GAS CENTRAL HEATING Broadband: FIBRE Mobile Signal Coverage Blackspot: NO Parking: ON STREET PARKING MINING: The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.

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