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6 bedroom maisonette for sale
Fern Avenue, Jesmond, Newcastle Upon Tyne, Tyne and Wear, NE2
£400,000
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 six-bedroom HMO on Fern Avenue in Jesmond presents a prime investment opportunity with a current rental income of £2,990 per month until summer 2025. With room for rent increases that exceed local market trends, the potential for growth is evident, making it an attractive prospect for investors. Located in a thriving area, this property offers a lucrative chance to secure a stake in the Jesmond property market, providing a promising choice for seasoned investors and those looking to expand their portfolios.