This property has been taken off the market.
7 Bed Terraced House For Sale Granville Gardens, Newcastle Upon Tyne, NE2
£575,000- Terraced
1 of 13
- Description
- Street View
- Maps
Last Updated: 23rd March 2024
Description
Investment Opportunity in Jesmond: Seven Bedroom HMO on Granville Gardens
Discover a prime investment opportunity with this seven-bedroom House of Multiple Occupancy (HMO) located on Granville Gardens in Jesmond. Currently let out until the summer of 2024 with rents due to increase and this property will be advertised at £115 per person per week (£3,488 per calendar month) for the student season of 2024/25, the potential for growth is evident. 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 Holly Avenue is a promising choice for seasoned investors and those looking to expand their property portfolios.
Agent Details
Greetham Gilbert
25 Osborne Road, Jesmond, Newcastle Upon Tyne, NE2 2AH
Investment Analysis
Annual Rent:
Annual Mortgage Interest:
Annual Costs:
Calculators
Mortgage Finder
Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required
Similar Properties
A few properties that are similar to this 7 bedroom property. See more properties like this.
£575,000
Newcastle Upon Tyne, NE2
Terraced
5.6
£775,000
Newcastle Upon Tyne, NE2
Semi Detached
4
£1,100,000
Newcastle Upon Tyne, NE2
Terraced
2.7
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
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.
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.