7 bedroom terraced house for sale

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7 bedroom terraced house for sale

Granville Gardens, Newcastle Upon Tyne, Tyne and Wear, NE2
£499,950

Price History

Initial price £575,000
05/08/24 £550,000
06/08/24 £525,000
07/09/24 £499,950
Price Change -13.05%

Description

This seven-bedroom House of Multiple Occupancy (HMO) on Granville Gardens in Jesmond presents a prime investment opportunity with a current rental income of £2,942 per month. The property is currently let out until summer 25 and offers potential for rent increases that surpass local market trends. As part of a broader portfolio of HMOs, this property offers a lucrative prospect for investors, with room for growth and expansion of their property portfolio. With its ideal location and income potential, this HMO is a promising choice for seasoned investors and those looking to enter the Jesmond property market, offering a secure stake in the thriving local market.