7 bedroom terraced house for sale

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7 bedroom terraced house for sale

Granville Gardens, Newcastle Upon Tyne, Tyne and Wear, NE2
£499,950

Our Summary

  • Investment Opportunity in Jesmond: Seven Bedroom HMO on Granville GardensDiscover a prime investment opportunity with this seven-bedroom House of Multiple Occupancy (HMO) located on Granville Gardens in Jesmond
  • Currently let out until the summer until summer 25 at £97 per person per week (£2,942 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

Description

This seven-bedroom House of Multiple Occupancy (HMO) on Granville Gardens in Jesmond presents a prime investment opportunity with a current rental income of £2,942 per month. The property is currently let out until summer 25 and offers potential for rent increases that surpass local market trends. As part of a broader portfolio of HMOs, this property offers a lucrative prospect for investors, with room for growth and expansion of their property portfolio. With its ideal location and income potential, this HMO is a promising choice for seasoned investors and those looking to enter the Jesmond property market, offering a secure stake in the thriving local market.
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