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4 bed terraced house
Sungold Villas, Beech St, Newcastle NE4
£150,000
Sungold Villas, Beech St, Newcastle NE4
£150,000
Our Summary
- Yieldit are pleased to present a ready-made investment opportunity yielding an impressive return above 7% net with factoring in running costs and full management in place
- Fantastic investment opportunity
Description
Yieldit is pleased to present a ready-made investment opportunity in Sungold Villas, a fully occupied HMO in Newcastle, yielding an impressive 7% net return after factoring in running costs and full management. The property, a modern mid-townhouse with a desirable freehold tenure, is located just 10 minutes from the city centre and offers easy access to public transport links and major roads. The property has three floors of accommodation, including a spacious lounge, fully fitted kitchen, and four bedrooms, with two shared bathrooms. Newcastle is an investment hotspot, with a thriving city centre, two major universities, and a hub of business activity. The city is set to receive £1.5 billion in investment over the coming years, making it an excellent time to invest. The property offers a gross yield of 13.88% and a net yield of 8.02%, with a net income of £11,502.36. Enquire today to find out more.