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Newcastle Upon Tyne, Tyne and Wear NE6 12 bed semi
Newcastle Upon Tyne, Tyne and Wear, NE6
£750,000
Newcastle Upon Tyne, Tyne and Wear, NE6
£750,000
Our Summary
- This exceptional 12-bedroom property in Newcastle Upon Tyne presents an outstanding investment opportunity for those seeking a high-yield asset with considerable potential for rental income growth
- Currently arranged into six self-contained units, the property generates a rental income of £5800 per calendar month, with scope for further increase
- The configuration includes a diverse mix of accommodations designed to attract a wide range of potential tenants
- Investors will appreciate not only the immediate rental income of £5800pcm but also the potential for increasing this yield without improvements and with strategic improvements an even higher yield is possible
- The property’s design and layout also offer flexibility for future adaptations, whether for further development or customisation to meet specific tenant demands
- Investment opportunity
Description
This 12-bedroom property in Newcastle Upon Tyne is an exceptional investment opportunity, generating a rental income of £5,800 per month from six self-contained units. The property's diverse mix of accommodations, including a studio, one-bedroom, three two-bedroom, and a four-bedroom flat, caters to various rental markets, ensuring a consistent demand. Located in the desirable area of Heaton, the property benefits from excellent local amenities, transport links, and a thriving rental market. With its central location, the property offers easy access to shops, schools, and leisure facilities, as well as connections to public transport and major road networks. Investors will appreciate not only the immediate rental income but also the potential for increasing this yield without improvements, and with strategic improvements, an even higher yield is possible. The property's design and layout also offer flexibility for future adaptations, making it a unique opportunity for investors looking to expand their portfolio with a high-performing asset in a sought-after location.