Ovett Gardens, St James Village, Gateshead, Tyne and Wear, NE8 3JH
- PROPERTY TYPE
House of Multiple Occupation
- 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.
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Key features
- Great Location
- Five of Six Bedrooms Currently Let
- Currently Generating a Yearly Income of £35,672.
Description
The property benefits from UPVC double glazing, gas central heating, off road parking and a rear garden. Five of the six rooms are currently let, generating a current income of £35,672 per annum with the landlord covering the cost of water and wi-fi only.
The accommodation is arranged over three floors with an approximate floor area of 125 sqm and comprises six bedrooms, one of which benefits from an en suite shower room, together with a family bathroom and a ground floor cloakroom/WC. There is also a spacious kitchen and dining area on the ground floor, providing a communal living space for occupants.
The current setup is as follows:
* Ground Floor Room: £129/week | Tenancy: 25 Sep 2025 – 01 Aug 2026
* 1st Floor Room 1: £139/week | Tenancy: 01 Sep 2025 – 31 Aug 2026
* 1st Floor Room 2: £159/week | Tenancy: 01 Sep 2025 – 31 Aug 2026
* 2nd Floor (En-suite): £139/week | Successfully completed tenancy (01 Sep 2025 – 13 May 2026). Currently kept vacant for new owner.
* 2nd Floor (Double Room Suite): £120/week | Tenancy: 01 Sep 2025 – 01 July 2026.
This is a well located investment property offering generous accommodation and strong transport connections, making it an attractive proposition for investors seeking a ready-made HMO opportunity.
Location
The subject property is located along Ovett Gardens, Gateshead, and is located within close proximity to transport links, local amenities and shops.
Accommodation
EPC
We await a copy of the energy performance certificate.
Council Tax
Band C
Tenure
Freehold
Additional information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Brochures
Brochure- 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.
- Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- 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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Ovett Gardens, St James Village, Gateshead, Tyne and Wear, NE8 3JH
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Visit our security centre to find out moreDisclaimer - Property reference 514501. 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 Pattinsons, Pattinsons Commercial North East. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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