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Mixed use for sale
Split Crow Road, Gateshead NE8
£185,000
Split Crow Road, Gateshead NE8
£185,000
Our Summary
- The property's cellar is accessible from the rear yard, is plumbed for bathroom/toilet facilities and provided appropriate approval is obtained, could offer an additional development opportunity in itself
- This is an excellent investment opportunity for the new owner
Description
Cloud Estates presents a fully refurbished, tenanted four-bedroom terraced house on Split Crow Road, Gateshead, operating as a successful HMO with over five years of consistent rental history. The property boasts an annual rental income of £21,900 and is let individually to professional tenants with bills included. The four rooms combine to achieve a monthly rental income of £1,825. The property features a high standard of living, with a private rear yard, cellar with potential for additional development, and a convenient location within walking distance of transport links, Gateshead QE Hospital, and a short commute to Newcastle and Gateshead. This is an excellent investment opportunity for the new owner, with the potential for strong returns and a stable rental income.