6 bedroom maisonette for sale

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6 bedroom maisonette for sale

Fern Avenue, Jesmond, Newcastle Upon Tyne, Tyne and Wear, NE2
£400,000

Our Summary

  • Investment Opportunity in Jesmond: Six Bedroom HMO on Fern AvenueDiscover a prime investment opportunity with this six-bedroom HMO located on Fern Avenue in Jesmond
  • Currently let out until the summer of 2025 at a competitive rent of £115 per person per week (£2,990 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 investment opportunity in Jesmond presents a six-bedroom HMO on Fern Avenue, currently let until summer 2025 at a competitive rent of £115 per person per week. With potential for rent increases that surpass local market trends, the property offers attractive rental returns and is part of a broader investment opportunity in the thriving Jesmond property market.
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