5 Bed Terraced House For Sale Albury Road, Newcastle Upon Tyne, NE2
£470,000- Terraced
1 of 10
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Last Updated: 18th April 2024
Description
Investment Opportunity in Jesmond: Five Bedroom HMO on Albury Road
Discover a investment opportunity with this five-bedroom House of Multiple Occupancy (HMO) located on Albury Road in Jesmond. Currently let out until the summer of 2024 at a competitive rent of £90 per person per week (£1,950 per calendar month), 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 Albury Road 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
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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.