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7 bedroom terraced house for sale
Granville Gardens, Newcastle Upon Tyne NE2
£499,950
Granville Gardens, Newcastle Upon Tyne NE2
£499,950
Our Summary
- Investment Opportunity in Jesmond: Seven Bedroom HMO on Granville Gardens
- Discover 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, currently let out until summer 25 at £2,942 per calendar month. The property offers attractive rental returns with room for rent increases that surpass local market trends, making it a lucrative prospect for investors. Additionally, the property is part of a broader investment opportunity, with multiple HMOs available for purchase as part of a portfolio. With its ideal location and income potential, this HMO is a promising choice for seasoned investors and those looking to expand their property portfolios, offering a secure stake in the thriving Jesmond property market.