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7 bedroom end of terrace house for sale
Queens Road, Jesmond, Newcastle Upon Tyne, Tyne and Wear, NE2 2PQ
£675,000
Queens Road, Jesmond, Newcastle Upon Tyne, Tyne and Wear, NE2 2PQ
£675,000
Our Summary
- Investment Opportunity in Jesmond: Seven Bedroom HMO on Queens RoadDiscover a prime investment opportunity on Queens Road consisting of a 5 bedroom maisonette HMO, a studio a studio apartment and a one bedroom self contained flat located on Queens Road in Jesmond
- Currently let out at 5 HMO £2,600pcm, one bed £800pcm and studio £650pcm £4,050pcm, 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's Queens Road features a 7-bedroom HMO, a studio apartment, and a 1-bedroom self-contained flat. Currently generating £4,050 per month in rental income, the property presents a lucrative prospect with room for rent increases that outpace local market trends. The property is located in a thriving area, making it an attractive choice for seasoned investors and those looking to expand their portfolios. With its ideal location and income potential, this HMO offers a promising investment opportunity for those looking to secure their stake in the Jesmond property market.