London Road, Newcastle, ST5 1ND
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
6
- BATHROOMS
6
- SIZE
1,658 sq ft
154 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Please quote REF: AM1295 for all enquiries
- Excellent 6-bedroom HMO investment
- Prime location near Royal Stoke University Hospital
- Developed to a high standard in 2021
- 5 en-suite studios with kitchenettes
- Additional en-suite bedroom
- Gross income of £43,000 per annum
- 11.94% gross yield
- Fully managed, hands-off investment
Description
Please quote REF: AM1295 for all enquiries
A fully licensed excellent 6-bedroom HMO investment opportunity, ideally located in Newcastle-under-Lyme, just 0.3 miles from the Royal Stoke University Hospital. This prime positioning has ensured consistently high occupancy levels, with strong demand from NHS professionals.
The property was developed in 2021 to a high standard by reputable local developers and has been carefully designed to maximise rental appeal and long-term performance. The accommodation comprises five self-contained studio rooms, each with en-suite shower rooms and kitchenettes, along with one additional en-suite bedroom. A modern communal kitchen/diner provides further functionality and tenant convenience.
Currently producing a gross income of £43,000 per annum, the property offers an attractive gross yield of 11.94%, making it a compelling, income-focused investment. The asset is professionally managed by a local managing agent, allowing for a truly hands-off investment from day one.
With strong fundamentals, proven rental performance, and a location driven by year-round tenant demand, this HMO represents a low-risk addition to any residential investment portfolio. Full financial details are available on request.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
London Road, Newcastle, ST5 1ND
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Visit our security centre to find out moreDisclaimer - Property reference S1642872. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by eXp UK, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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