6 bedroom end of terrace house for sale

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6 bedroom end of terrace house for sale

Devonshire Place, Jesmond, Newcastle Upon Tyne, NE2
£595,000

Our Summary

  • **Investment Opportunity**Six Bedroom HMO** A three storey end-terraced house, ideally located within reach of all Jesmond amenities, and enjoying good access to Newcastle City Centre and Universities

Description

This three-storey end-terraced house in Jesmond offers a lucrative investment opportunity, with a long rental history and a current tenancy until August 2025. The property generates a rental income of £35,880 per annum, resulting in a gross yield of 6.0%. Spanning over 2,200 square feet, the house features six bedrooms, two on the ground floor, and four on the first floor, along with three bathrooms and a utility room. The property also boasts double glazing, gas central heating, and a rear yard with off-street parking, making it an attractive and functional investment opportunity.
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