Newcastle Upon Tyne, NE2 1TP NE2 12 bed terraced house for sale

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Newcastle Upon Tyne, NE2 1TP NE2 12 bed terraced house for sale

Granville Road, Newcastle Upon Tyne, Tyne and Wear, NE2 1TP
£999,950

Our Summary

  • An outstanding investment opportunity awaits in the highly sought-after NE2 postcode of Newcastle upon Tyne
  • This is a rare opportunity to acquire a substantial asset in a prime location, offering both immediate income and strong capital appreciation potential

Description

This exceptional investment property in Newcastle's highly sought-after NE2 postcode offers a lucrative opportunity for discerning investors. Currently configured as three self-contained student Houses in Multiple Occupation (HMOs), the property provides a clear pathway to immediate rental income, with a projected rent for the 2026/2027 academic year estimated at £93,600. Strategically located in Jesmond, the property benefits from proximity to major university campuses, excellent transport links, and a wealth of local amenities, ensuring a continuous demand for high-quality student accommodation. With an established HMO status and solid financial projections, this property represents a robust business model with significant income potential, making it an attractive option for those looking to expand their portfolio or enter the thriving student accommodation market.