ROI = 13% BMV = -2.88%
Description

Investment Opportunity in Jesmond: Six Bedroom HMO on Sunbury Avenue Discover a prime investment opportunity with this six-bedroom House of Multiple Occupancy (HMO) located on Sunbury Avenue in Jesmond. Currently let out until the summer of 2026 with rents due to increase from summer 2025 to £158.68pppw (£4,125.50 pcm). 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 Sunbury Avenue is a promising choice for seasoned investors and those looking to expand their property portfolios.

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Property Details
  • Property ID: 159100928
  • Added On: 2025-03-06
  • Deal Type: For Sale
  • Property Price: £685,000
  • Bedrooms: 6
  • Bathrooms: 1.00
Amenities
  • Large student HMO house in an excellent Jesmond location
  • Six double bedrooms
  • Let until Summer 2026
  • 24/25 at £158.68pppw
  • £49,506 per annum
  • Scope for further rent increases
  • Turn key investment