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Fantastic investment opportunity
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!
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4 Bedroom HMO