18 bed terraced house

This 18-bedroom property is a unique opportunity for an investor, operating as a fully licensed HMO exclusively for males over 35. With a strong reputation and long-standing relationships with local councils and charities, it serves a vital purpose in the community. The property is sold as a going concern, with a current yield near 20% and each room generating around £95 per week.

The property features 18 bedrooms, 4 bathrooms, and additional communal areas, with on-site management and maintenance agreements in place. Situated in a convenient residential location, it offers easy access to public transport links, town centre, and local amenities, with the added benefit of overlooking the Stephenson Bridge and Hopetown Railway Museum. With a strong income potential, this property presents an attractive investment opportunity for anyone looking to capitalize on its unique features and location.