>
Sponsored Get a Survey — free quotes via ReallyMoving
6 bed terraced house
Ovett Gardens, Gateshead NE8
£270,000
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Our Summary
- Ovett Gardens Key Features: * Fully Licensed 6-Bedroom HMO * 5 Luxury Ensuites & Ground Floor Guest Toilet * Currently Generating £31,000 PA with £36,000 PA Potential (ERV) * Utility Efficiency: Rent includes Wi-Fi & Water ONLY; Gas & Electricity are paid additionally by tenants * Prime Location: Just a 4-Minute Walk to the Metro Station * Quick Access to Newcastle City Centre & Both Universities * Ready-to-Operate Turnkey Asset * Freehold Investment Opportunity Full Description This modern, high-spec, and fully compliant 6-bedroom HMO offers an exceptional investment opportunity in a prime location
Get alerted when similar properties are listed — Subscribe
Description
The property is a modern, fully compliant 6-bedroom HMO with 5 luxury ensuites and a ground floor guest toilet. It has a spacious communal kitchen area and includes utilities such as Wi-Fi and water in the rent, with gas and electricity paid separately by tenants. The property is located a 4-minute walk from the metro station, offering quick access to Newcastle City Centre and both universities.
It has been meticulously designed to provide a high-spec and premium shared living experience.