Holly Avenue, Newcastle upon Tyne

£500,000  Offers Over
  • House
  • 6 Bedrooms
  • 2 Bathrooms

**Investment Opportunity**Six Bedroom HMO** A two 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 July 2025, and generates a rental income rising to £33,072 per annum and a gross yield of 6.6%. The property includes an Entrance Hall, an open-plan Living / Kitchen Area, a Secondary Kitchen / Utility Area, a Shower Room / WC, Two Ground Floor Bedrooms, a First Floor Landing, Four First Floor Bedrooms, and a Bathroom. The house further benefits from double glazing, gas central heating, and a small rear yard.
Council tax band: E


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