5 bedroom maisonette for sale

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5 bedroom maisonette for sale

King John Street, Heaton, Newcastle Upon Tyne NE6
£240,000

Our Summary

  • Hive Estates are delighted to present to the market this exceptional investment opportunity a spacious and fully tenanted five-bedroom HMO maisonette, ideally located in the highly sought-after area of Heaton, Newcastle upon Tyne
  • A well-established rental property in a prime student and professional location, this investment offers excellent immediate returns and strong long-term capital growth potential

Description

Hive Estates presents a unique investment opportunity in Heaton, Newcastle upon Tyne, a spacious and fully tenanted five-bedroom HMO maisonette. The property is located in a prime student and professional area, generating a monthly rental income of £1,950, totaling £23,400 per annum, with a rental yield of 9.75%. The maisonette is arranged over two floors, featuring five generously sized double bedrooms, a modern kitchen with integrated dining area, and two well-maintained bathrooms. The property benefits from a private rear yard and is within walking distance of Newcastle and Northumbria Universities, local shops, cafes, and excellent transport links. With a current tenancy until August 2026, this investment offers excellent immediate returns and strong long-term capital growth potential, making it an attractive opportunity for buy-to-let investors.