5 bed maisonette for sale

Chillingham Road, Heaton, Newcastle Upon Tyne NE6

Hive Estates presents this spacious five-bedroom HMO, ideally situated on the popular Chillingham Road in the vibrant and sought-after area of Heaton, Newcastle upon Tyne. Tenanted until 2027, the property generates a strong rental income of £2,383.30 per month £28,599.60 per annum representing an impressive rental yield of 11.44%. This investment offers immediate income with excellent potential for future growth.

Designed for modern shared living, the property features five double bedrooms, each furnished with a bed, desk, and storage space. The accommodation includes a separate lounge and a well-equipped kitchen, providing comfortable and practical living spaces for tenants.

There is one main bathroom with modern tiling and a shower, complemented by an ensuite bathroom on the top floor, offering added convenience and privacy.

Externally, the property benefits from a rear yard and store with access to the rear lane.

Located in Heaton, a lively and popular residential area known for its strong rental demand, excellent local amenities, and excellent transport links, this property represents a high-performing investment with secure tenants until 2026.

Lounge (4.55 x 4.00 (14'11" x 13'1" ))

Kitchen (6.30 x 2.45 (20'8" x 8'0"))

Bedroom 1 (3.00 x 6.10 (9'10" x 20'0"))

Bedroom 2 (3.30 x 6.10 (10'9" x 20'0"))

Bedroom 3 (3.35 x 2.30 (10'11" x 7'6" ))

Bedroom 4 (3.20 x 3.00 (10'5" x 9'10"))

Bedroom 5 (2.80 x 3.30 (9'2" x 10'9"))

Bathroom (1.40 x 2.40 (4'7" x 7'10"))

Shower Room (1.40 x 1.30 (4'7" x 4'3"))