9 bedroom semi-detached house for sale
Key information
Features and description
- Tenure: Freehold
- Let until 25
- 9 bedrooms
- Two properties
- Upper and lower
Investment Opportunity in Jesmond: Nine bedrooms on Otterburn Villas South
Discover a prime investment opportunity with this nine bedrooms over two properties on Otterburn Villas South in Jesmond. Currently let out until the summer of 2024 with rents due to increase and this property will be advertised at £125 for 6 bedroom maisonette and £120 for the 3 bed lower per person per week (totalling £4,810 per calendar month for both properties) 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 HMO's 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 Otterburn Villas South is a promising choice for seasoned investors and those looking to expand their property portfolios.