4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Cardigan Terrace, Heaton, Newcastle Upon Tyne
£280,000

Our Summary

  • Hive Estates are delighted to present to the market this exceptional investment opportunity a spacious and fully tenanted four bedroom HMO terraced house, ideally located in the highly sought-after area of Heaton, Newcastle upon Tyne
  • A well-established rental property in a high-demand student and professional area, this investment offers both strong immediate returns and long-term capital growth potential
  • A turnkey investment opportunity with immediate income and long term growth potential

Description

Hive Estates presents a rare investment opportunity in the highly sought-after area of Heaton, Newcastle upon Tyne. This spacious and fully tenanted four-bedroom HMO terraced house offers strong immediate returns and long-term capital growth potential. Currently generating an impressive annual rental income of £18,720, the property delivers a robust gross rental yield of 6.69%. The property features four well-sized double bedrooms, a spacious communal living and dining area, modern kitchen, and two well-maintained bathrooms. The property is located within walking distance of Newcastle and Northumbria Universities, local shops, cafes, bars, and supermarkets, and has excellent transport links to the city centre and surrounding areas. With consistent demand from both student and professional renters, this property is an ideal investment opportunity for landlords looking to expand their portfolio with a high-performing asset.