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

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