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4 bedroom house of multiple occupation for sale
Caris Street, Gateshead
£185,000
Caris Street, Gateshead
£185,000
Our Summary
- This is an excellent investment opportunity for the new owner
Description
Cloud Estates presents a fully refurbished, tenanted four-bedroom terraced house in Gateshead, operating as a successful HMO with a consistent rental history over five years. The property generates an annual rent of £23,580, with four rooms let individually to professional tenants at a combined monthly income of £1,965. The property has been refurbished to a high standard, featuring an en-suite in one bedroom, and two additional bedrooms with dedicated off-suite shower rooms. The property benefits from a private rear yard and is conveniently located near transport links, Gateshead QE Hospital, and is within a short commute of Newcastle and Gateshead, Team Valley Trading Estate, and the A1. This is an excellent investment opportunity for the new owner, with a consistent rental income and potential for long-term growth.