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Six-Bedroom Mid-Terrace House Investment Hmo

Newcastle upon Tyne, NE6 - Get Access

6 bed 6 bath

Description

Appealing to buy-to-let investors is this six-bedroom mid-terrace house located on a popular residential street in Heaton, Newcastle upon Tyne, which is currently tenanted at £3,235 pcm (£38,820 per annum). The property comprises an entrance hall with stairs to the first-floor landing, a lounge, a kitchen, and six bedrooms, all benefiting from en-suite shower rooms/WCs. Externally, the front features a small town garden that is mainly gravelled with walled boundaries, while the rear offers a private, mainly paved garden with walled boundaries. The property further benefits from gas central heating and uPVC double glazing. Situated within close proximity to local amenities and transport links.
Comparable sales
11, Roxburgh Place, NE6 5HU 0.0 mi
House • Mid-Terrace 6 rooms EPC D (2015)
1,658 sq ft
£416,000
1 year ago
29, Roxburgh Place, NE6 5HU 0.0 mi
House • Mid-Terrace 5 rooms EPC D (2024)
1,152 sq ft
£365,000
1 year ago
27, Roxburgh Place, NE6 5HU 0.0 mi
House • Mid-Terrace 4 rooms EPC D (2016)
1,572 sq ft
£382,000
1 year ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,281 sq ft (Floor plan)

Valued as a six-bedroom terraced HMO investment property in Heaton, Newcastle upon Tyne. The assessment accounts for the internal floor area of 1,281 sq ft derived from the floor plan, the current fair condition score of 5/10 with noted refurbishment requirements, and the established rental stream.

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