21 Myrtle Grove, Wallsend, Tyne And Wear, NE28 6PH
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
6
- SIZE
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- 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
Description
Fully Licensed 6-Bed All-Ensuite HMO £46,500 Annual Income 14.09% Gross Yield Prime Wallsend Location Near Newcastle, Employers & Amenities Professional Tenants Excellent Metro & Road Links Regeneration Area Turnkey Investment
This modern, high-spec, fully compliant 6-bedroom, all-ensuite HMO offers a standout, high-yield investment opportunity in a prime Wallsend location. Fully tenanted by working professionals, the property generates £46,500 in annual rental income, delivering an exceptional gross yield of 14.09% with strong occupancy and reliable cash flow. The all-ensuite configuration, combined with features such as in-room intercom systems, TVs in all bedrooms, dedicated workspaces and hardwired Cat6 connectivity, enhances tenant appealparticularly among remote-working professionalssupporting sustained demand. Individually wired rooms with sub-metering further support efficient management and cost control. The property also benefits from readily available on-street parking and strong transport connectivity via Metro links to Newcastle, alongside easy access to the A19 and Tyne Tunnel, further strengthening its commuter appeal. Supported by ongoing North Tyneside and Newcastle investment, this asset represents a resilient, high-performing investment with strong income and long-term growth potential in one of the North East's most in-demand rental markets.
Brochures
Legal DocumentsOnline Bidding- 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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21 Myrtle Grove, Wallsend, Tyne And Wear, NE28 6PH
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About HMOX Ltd, Bournemouth
5&6 Branksome House, Discovery Court Business Centre, 551-553 Wallisdown Road, Poole, Dorset BH12 5AGAffordability
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Visit our security centre to find out moreDisclaimer - Property reference 342640. 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 HMOX Ltd, Bournemouth. 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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