4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Cardigan Terrace, Heaton, Newcastle Upon Tyne
£280,000

Our Summary

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

Description

This exceptional five-bedroom HMO terraced house in Heaton, Newcastle upon Tyne, offers a lucrative investment opportunity with a strong annual rental income of £18,720 and a gross rental yield of 6.69%. The property, located in a high-demand student and professional area, is arranged over three floors and features generous proportions, including five well-sized double bedrooms, a spacious communal living and dining area, and two modern bathrooms. The property also benefits from a private yard space and is within walking distance of Newcastle and Northumbria Universities, local amenities, and transport links. With a well-established rental history and a high-performing asset, this property is an attractive opportunity for landlords looking to expand their portfolio with a robust investment.