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Devonshire Place, Newcastle Upon Tyne

£600,000  Offers Over
  • House
  • 7 Bedrooms
  • 3 Bathrooms
  • 1 Reception room
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** Best and Final offers are invited in writing to [email protected] before 12pm on Friday 21st June **

**Investment Opportunity**Seven Bedroom HMO** A three storey terraced house, ideally located within reach of all Jesmond amenities, and enjoying good access to Newcastle City Centre and Universities. Enjoying a long rental history, the house is currently let until August 2025, and generates a rental income rising to £40,000 per annum and a gross yield of 6.7%. Approaching 2,200 square feet, the property includes an Entrance Hall, a Living Room open-plan to an impressive Dining Kitchen, a Shower Room, a Separate WC, a Ground Floor Bedroom, a First floor Landing, Four First floor Bedrooms, a Bathroom, a Second Shower Room, and Two Second Floor Bedrooms. The house further benefits from double glazing, gas central heating, and a rear yard.
Council Tax Band: E

 
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