House in Tyne and Wear

House for sale, 122 m²

Tyne and Wear

6 bedrooms

647.637 €

Listed Oct 3, 2026

About this listing

A six bedroom leasehold maisonette offering a rental investment opportunity, currently generating £3,900 per month, equivalent to £46,800 per annum. The property benefits from an HMO licence for six occupants, currently valid until 12th September 2028. The entrance hall has stairs leading to the first floor, with the accommodation arranged over the upper floors. The property provides six bedrooms, two reception rooms and two bathrooms, together with a modern fitted kitchen. On the first floor, the bathroom includes a bath with shower over and pedestal wash hand basin, with a separate WC. The second floor shower room provides a corner shower cubicle, WC and pedestal wash hand basin. Externally, there is a shared north-facing yard to the rear, while parking is available on street. The accommodation extends to approximately 122 square metres/1,313 square feet. The property is leasehold with 960 years remaining on the lease. Newcastle City Council tax is Band B and the EPC rating is C. The tenancy information provided states rental income of £150 per person per week, with the property tenanted and offering a stated 8.6% yield. Located just moments from Jesmond’s vibrant café culture, boutique shops, Metro connections, and university campuses, the property is ideally positioned to attract ongoing student demand. This is a prime opportunity for HMO investors seeking a high-yield, low-maintenance asset in one of Newcastle’s most consistently popular rental locations. With a tenancy in place, professional management, and a long-term HMO licence secured, this property offers both immediate returns and long-term investment stability. We understand the property is leasehold with 960 years remaining and a peppercorn ground rent. IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QWD260629/2

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Listed on

OnTheMarket

647.637 €

Rightmove

647.637 €