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5 bedroom maisonette for sale
Chillingham Road, Heaton, Newcastle Upon Tyne NE6
£250,000
Chillingham Road, Heaton, Newcastle Upon Tyne NE6
£250,000
Our Summary
- This investment offers immediate income with excellent potential for future growth
- 88% yield – high-return investment opportunity
Description
This spacious five-bedroom HMO property is located on Chillingham Road in the popular area of Heaton, Newcastle upon Tyne. The property is tenanted until 2026 and generates a strong rental income of £2,058.33 per month, representing an impressive rental yield of 9.88%. The property features five double bedrooms, each furnished with a bed, desk, and storage space, as well as a separate lounge and well-equipped kitchen. The accommodation also includes a main bathroom and an ensuite bathroom on the top floor, providing comfortable and practical living spaces for tenants. The property benefits from a rear yard and store with access to the rear lane, and is located in a lively and popular residential area with excellent local amenities and transport links. With secure tenants until 2026, this property represents a high-performing investment opportunity.