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Newcastle Upon Tyne, Tyne and Wear NE6 12 bed semi

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Newcastle Upon Tyne, Tyne and Wear NE6 12 bed semi

Newcastle Upon Tyne, Tyne and Wear NE6
£825,000

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 offers a lucrative investment opportunity with significant potential for rental income growth. The property is currently configured into six self-contained units, generating a monthly rental income of £5800, with scope for further increase. The diverse mix of accommodations, including a studio, one, two, and four-bedroom flats, caters to various rental markets, ensuring a consistent demand. Located in the popular Heaton area, the property benefits from excellent local amenities, transport links, and a thriving rental market, making it an ideal choice for tenants seeking convenience and comfort. Investors will appreciate not only the immediate rental income but also the potential for increasing this yield without improvements, with strategic improvements offering even higher returns. 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.