6 bedroom semi-detached house for saleLyndhurst Avenue, Jesmond, Newcastle Upon Tyne
Withdrawn from Market £380,000
Full descriptionThis superb three storey, six bedroom semi detached HMO property is situated on Lyndhurst Avenue, West Jesmond, which has recently been further updated by the owner. The property is currently let until 16th August 2017 for £22,092 per annum to 5 tenants, however the sixth room is being advertised as still available. It has been let by the current owner for several years achieving in excess of £28,000 which is currently a 7.3% gross yield. The property is currently being advertised for let for the 2017/18 academic year at £95 per person per week, £29,640 per annum and a gross yield of 7.8% at the asking price. A fantastic opportunity to purchase a superb HMO property within the heart and soul of Jesmond, close to all local amenities including West Jesmond metro station, shops, cafe, restaurants, library and swimming pool. A must see for all investors.
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