ROI = 11% BMV = 41.24%
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Description
Investment Opportunity in Jesmond: Four Bedroom HMO on Osborne Terrace Discover a prime investment opportunity with this three bedroom flat (HMO) located on Osborne Terrace in Jesmond. Currently let out until the Summer of 2025, with rents increasing to £140 per person per week (£29,120 pa) for the student season of 2025/26. 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 Osborne Terrace is a promising choice for seasoned investors and those looking to expand their property portfolios.
Find out MoreProperty Details
- Property ID: 157737662
- Added On: 2025-02-04
- Deal Type: For Sale
- Property Price: £285,000
- Bedrooms: 4
- Bathrooms: 1.00
Amenities
- Student HMO
- Top floor
- split level apartment
- Service Charge: £1,606 pa / Ground rent: £200 pa
- Off-street parking to the rear
- Excellent investment opportunity
- No onward chain
- Well maintained throughout
- Currently rented at £140pppw
