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5 bedroom terraced house for sale
Stratford Road, Newcastle Upon Tyne, NE6
£220,000
Stratford Road, Newcastle Upon Tyne, NE6
£220,000
Price History
Initial price | £240,000 |
06/02/25 | £220,000 |
Price Change | -8.33% |
Description
This five-bedroom property in Heaton, Newcastle Upon Tyne, is a lucrative investment opportunity for landlords, offering a total gross yield of 10%. Situated in the heart of the area, it's within walking distance to Newcastle City Centre, universities, Heaton Park, and various local amenities. The property has been consistently let to students for around 9 years, making it an attractive option for investors. The accommodation features five bedrooms, three communal shower rooms, and a kitchen, making it an ideal HMO (House of Multiple Occupancy) for students. With excellent public transport links and a long lease period until 2994, this property presents a stable and profitable investment opportunity.