4 Bedroom HMO

Beech St, 
Newcastle, 
NE4 8EF
SSTC
  • Size: 117 sqm
  • Tenanted
ATTENTION INVESTORS - GENERATE IMMEDIATE INCOME WITH THIS ESTABLISHED FULLY-OCCUPIED HMO! Modern three storey four bedroom townhouse with tenants in situ producing an excellent return.
  • Financial Performance*
Gross rent
£18,720
Lettings fees
£2,695
Net income
£10,794
Gross yield
12.32%
Net yield
7.1%
  • Key Features
  • Fantastic investment opportunity
  • Tenanted for immediate income
  • High yielding
  • Management in place
  • Four spacious bedrooms
  • Accommodation across three floors
  • Main bathroom, ensuite and downstairs WC
  • Convenient location
  • 10 minutes to the city centre
  • Enquire for video tour

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. Sungold Villas is an established and fully occupied HMO in a popular residential location just 10 minutes from Newcastle city centre and within easy reach of the MetroCentre, public transport links and the A1 and A69.

This modern mid-townhouse benefits from a desirable freehold tenure and has accommodation spread across three floors. To the ground floor is spacious lounge, separate fully fitted kitchen with appliances and downstairs W.C. To the first floor are two double bedrooms and the bathroom with three-piece suite. On the top floor are the further two bedrooms and shared ensuite shower room.

Newcastle is a fantastic city to look to invest. It’s vibrant city centre is home to a host of popular bars, restaurants, shops and is known for its nightlife and culture offering. The city is an investment hotspot and plays an integral part of the Northern Powerhouse, it is home to two major Universities, a thriving hub of business where over 7000 businesses are registered and offers unbeatable national and global transport links. Over £1.5billion of investment is planned over the coming few years to ensure that the city remains a place where people want to live, work and visit so now is an excellent time to invest. Enquire today to find out more!

  • Financial Performance *
Gross rent
SSTC
Net income
SSTC
Gross yield
SSTC
Net yield
SSTC
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating