ROI = 9% BMV = 13.04%
Gallery
Description
Investment Opportunity in Jesmond: Five Bedroom HMO on Newlands Road Discover a prime investment opportunity with this five-bedroom House of Multiple Occupancy (HMO) located on Newlands Road in Jesmond. Currently let out until the summer until summer 26 at £125 per person per week (£2,708 per calendar month), the potential for growth is evident. 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 Newlands Road is a promising choice for seasoned investors and those looking to expand their property portfolios.
Find out MoreProperty Details
- Property ID: 87075594
- Added On: 2025-01-21
- Deal Type: For Sale
- Property Price: £400,000
- Bedrooms: 5
- Bathrooms: 1.00
Amenities
- £32500 per annum
- HMO
- Investment opportunity
- 5 Bedrooms
- £125pppw
- 8.13% Yield
