House For Sale £699,950
St. Georges Terrace, Newcastle Upon Tyne NE2

Investment Opportunity in Jesmond: Seven Bedroom HMO on St Georges Terrace

Discover a prime investment opportunity with this seven-bedroom House of Multiple Occupancy (HMO) located on St Georges Terrace in Jesmond. Currently let out until the summer of 2024 at a competitive rent of £108 per person per week (£3,276 per calendar month), the potential for growth is evident, with rents increasing to £125 per person per week (£3,791 per calendar month) for the student season of 2024/25. This HMO presents a lucrative prospect with room for rent increases that surpass local market trends.

Exploring the Potential: Not only does this property offer attractive rental returns, but it's also part of a broader investment opportunity. Our portfolio includes multiple HMOs that will soon be available for purchase. If you're considering acquiring a portfolio of properties, please don't hesitate to reach out to our office for comprehensive information and to discuss your options further.

Invest wisely and secure your stake in the thriving Jesmond property market. With its ideal location and income potential, this HMO on St Georges Terrace is a promising choice for seasoned investors and those looking to expand their property portfolios.