This tenanted six-bedroom house in Pelaw is an established HMO with a consistent rental history over five years, generating an annual rent of £39,180 and a gross yield of over 13%. The property has been refurbished to a high standard, offering six double rooms, including five with en-suite bathrooms, and a private rear yard. The property is located within walking distance of transport links, amenities, and has a convenient location for commuters to Newcastle and Gateshead. The current tenants are professional individuals, each with their own room, and the property is managed by the owner. This is an excellent investment opportunity for the new owner, offering a steady income stream and potential for future growth.