Offers over
£999,950
12 bed terraced house for saleGranville Road, Newcastle Upon Tyne, Tyne And Wear NE2
12 beds
3 baths
3 receptions
Just added
Freehold
About this property
12 Bedrooms
3x four bedroom HMO flats
Excellent investment opportunity
Projected rent for 26/27 £93,600
Scope for further development
Sought after Jesmond location
Substantial 12-Bedroom HMO Investment Opportunity In Prime Jesmond
An outstanding investment opportunity awaits in the highly sought-after NE2 postcode of Newcastle upon Tyne. This expansive property, currently configured as three self-contained student Houses in Multiple Occupation (HMOs), presents a compelling proposition for discerning investors seeking a high-yielding asset in a vibrant university city.
The current setup provides a clear pathway to immediate rental income, with a projected rent for the 2026/2027 academic year estimated at £93,600.
The property's strategic location in Jesmond is renowned for its proximity to major university campuses, including Newcastle University and Northumbria University, making it an incredibly desirable area for students. This ensures a continuous demand for high-quality student accommodation, underpinning the long-term viability and profitability of this investment. Beyond the academic institutions, residents benefit from excellent transport links, a wealth of local amenities, including shops, supermarkets, cafes, and restaurants, as well as easy access to the city centre's vibrant cultural and social scene.
This is more than just a property; it's a robust business model. The established HMO status and the clear projected rental income provide a secure and attractive return on investment. For those looking to expand their portfolio or enter the thriving student accommodation market, this property represents a turnkey solution with significant income potential. The demand for student housing in Newcastle remains consistently high, driven by the city's two large universities and its reputation as a top student destination.
Investors will appreciate the solid financial projections and the inherent stability of the student rental sector. The property's scale, with twelve bedrooms, allows for economies of scale in management and maintenance, further enhancing its appeal. This is a rare opportunity to acquire a substantial asset in a prime location, offering both immediate income and strong capital appreciation potential. Early viewing is highly recommended to fully appreciate the scope and quality of this exceptional investment.
An outstanding investment opportunity awaits in the highly sought-after NE2 postcode of Newcastle upon Tyne. This expansive property, currently configured as three self-contained student Houses in Multiple Occupation (HMOs), presents a compelling proposition for discerning investors seeking a high-yielding asset in a vibrant university city.
The current setup provides a clear pathway to immediate rental income, with a projected rent for the 2026/2027 academic year estimated at £93,600.
The property's strategic location in Jesmond is renowned for its proximity to major university campuses, including Newcastle University and Northumbria University, making it an incredibly desirable area for students. This ensures a continuous demand for high-quality student accommodation, underpinning the long-term viability and profitability of this investment. Beyond the academic institutions, residents benefit from excellent transport links, a wealth of local amenities, including shops, supermarkets, cafes, and restaurants, as well as easy access to the city centre's vibrant cultural and social scene.
This is more than just a property; it's a robust business model. The established HMO status and the clear projected rental income provide a secure and attractive return on investment. For those looking to expand their portfolio or enter the thriving student accommodation market, this property represents a turnkey solution with significant income potential. The demand for student housing in Newcastle remains consistently high, driven by the city's two large universities and its reputation as a top student destination.
Investors will appreciate the solid financial projections and the inherent stability of the student rental sector. The property's scale, with twelve bedrooms, allows for economies of scale in management and maintenance, further enhancing its appeal. This is a rare opportunity to acquire a substantial asset in a prime location, offering both immediate income and strong capital appreciation potential. Early viewing is highly recommended to fully appreciate the scope and quality of this exceptional investment.
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Monthly repayment
£5,002 per month
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