5 Bed Terraced House For Sale Holly Avenue, Newcastle Upon Tyne, NE2

£500,000- Terraced

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Last Updated: 26th April 2024

Description

**Investment Opportunity**Five Bedroom HMO** A two storey terraced house, ideally located within reach of all Jesmond amenities, and enjoying good access to Newcastle City Centre and Universities. Enjoying a long rental history, the house is currently let until August 2025, and generates a rental income rising to £33,800 per annum and a gross yield of 6.7%. Exceeding 1,400 square feet, the property includes an Entrance Hall, a Living Room, a large Dining Kitchen, a Ground Floor Bedroom, a First Floor Landing, Four First Floor Bedrooms, and a Bathroom. With double glazing, gas central heating, and a rear yard, viewing is highly recommended. Further photos coming soon.
Council tax band: E
Agent Details
Pat Robson
20, Osborne Road, Newcastle Upon Tyne, NE2 2AD
Show Contact Number
0191 209 0100

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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