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Newlands Road, Newcastle Upon Tyne NE2 5 bed maisonette for sale
Newlands Road, Newcastle Upon Tyne, Tyne and Wear, NE2 3NT
£385,000
Newlands Road, Newcastle Upon Tyne, Tyne and Wear, NE2 3NT
£385,000
Our Summary
- Investment Opportunity in Jesmond: Five Bedroom HMO on Newlands RoadDiscover a prime investment opportunity with this five-bedroom House of Multiple Occupancy (HMO) located on Newlands Road in Jesmond
- Currently let out until the summer until summer 2026 at £125 per person per week (£2,708 per calendar month), the potential for growth is evident
- Exploring the Potential: Not only does this property offer attractive rental returns, but it's also part of a broader investment opportunity
- Great investment opportunity
Description
This five-bedroom House of Multiple Occupancy (HMO) on Newlands Road in Jesmond offers a prime investment opportunity with a current rental income of £2,708 per calendar month until summer 2026. The property has the potential for rent increases that surpass local market trends, making it a lucrative prospect for investors. As part of a broader portfolio of HMOs, this property presents an attractive opportunity for those looking to expand their property portfolio or acquire a single investment property. With its ideal location and income potential, this HMO is a promising choice for seasoned investors and those looking to secure a stake in the thriving Jesmond property market.