>
7 bedroom terraced house for sale
Granville Gardens, Newcastle Upon Tyne, Tyne and Wear, NE2
£575,000
Granville Gardens, Newcastle Upon Tyne, Tyne and Wear, NE2
£575,000
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 of 2024 with rents due to increase and this property will be advertised at £115 per person per week (£3,488 per calendar month) for the student season of 2024/25, 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
A prime investment opportunity in Jesmond, this seven-bedroom House of Multiple Occupancy (HMO) is currently let until summer 2024 with potential for rent increases that surpass local market trends. The property is advertised at £115 per person per week (£3,488 per calendar month) for the student season of 2024/25, offering attractive rental returns. Additionally, the property is part of a broader investment opportunity, with multiple HMOs available for purchase through the same portfolio. With its ideal location and potential for growth, this HMO on Granville Gardens presents a lucrative prospect for seasoned investors and those looking to expand their property portfolios.