Impressive investment opportunity to acquire a fully let HMO property in the heart of Heaton, fully let to professional tenants and producing a gross annual income of £33,000* and attractive 10.3% gross yield*.
Fully refurbished by the current owners to a very high standard, the property briefly comprises of six bedrooms, five with en-suite shower rooms and one off-suite bathroom, communal lounge & kitchen and private gravelled rear yard.
Located close to key streets Heaton Road and Heaton Park Road where a Sainsbury's mini-supermarket along with an array of local businesses can be found, the area is attractive to young professionals. The area is linked to Newcastle city centre via various bus routes and the Tyne & Wear Metro system.
Agents Note
* Please note that gross rental and gross yield amounts include all utility bills