Newlands Road, Newcastle Upon Tyne NE2 5 bed maisonette for sale

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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
£400,000

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 26 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

Description

This five-bedroom House of Multiple Occupancy (HMO) on Newlands Road in Jesmond presents a prime investment opportunity, currently generating £2,708 per calendar month from summer 26. The property offers attractive rental returns and room 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 offers a chance to diversify and expand an investment portfolio, with potential for further growth and returns. Located in the thriving Jesmond property market, this HMO on Newlands Road is an ideal choice for seasoned investors and those looking to secure a stake in the area's promising real estate market.
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