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UNDER OFFER

Lynnwood Terrace, Fenham, Newcastle Upon Tyne

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

2

SIZE

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TENURE
Describes 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

  • NO CHAIN
  • IDEAL INVESTMENT OPPORTUNITY
  • HMO WITH 6 BEDROOMS
  • FULLY TENANTED
  • RENTAL INCOME OF £2890 PCM
  • THREE BATHROOMS
  • SHARED LOUNGE AND KITCHEN
  • DOUBLE GLAZED AND GAS CENTRAL HEATED
  • CENTRAL LOCATION
  • ALL PROFESSIONAL TENANTS

Description

Offering a wealth of attractions including the Georgian elegance of Grey Street with its Theatre Royal, vibrant eateries and pubs, the buzzing nightlife of the Bigg Market, and the Quayside with its iconic views of the Tyne Bridge. Tourists and residents alike are drawn to landmarks such as the 12th-century Newcastle Castle, the interactive Life Science Centre, and the Discovery Museum, making the city a hub of activity and an ever-desirable place to live and work.
The property itself has been carefully managed and is currently fully let to professional tenants, providing consistent and reliable rental income. Four of the rooms have been occupied by the same tenants for over three years, while the remaining two have been let to the same tenants for more than a year, demonstrating both tenant satisfaction and long-term stability. Offered with no onward chain, this is a turnkey investment that continues to generate immediate returns for its next owner.
Internally, the home is well laid out to accommodate multiple occupants, with a welcoming entrance hallway providing access to the communal areas and staircase to the upper floors. The communal lounge is generous in size, offering a bright and comfortable space for tenants to relax together. The kitchen is fitted with a good range of base and wall units, ample worktop surfaces, and integrated appliances, creating a practical and functional space for shared cooking and dining. To the rear, a useful utility and store area provides additional storage and laundry space, complementing the kitchen facilities.
Across the property there are six well-proportioned bedrooms, each offering a private retreat for tenants with plenty of scope to personalise their space. Two bathrooms serve the household, fitted with essential fixtures and finished to a standard that ensures practicality and comfort for multiple occupants.
Externally, the property benefits from a low-maintenance front forecourt and a small rear courtyard, both providing outdoor space while remaining easy to manage. The location itself is another significant advantage, being within easy reach of local shops, amenities, major transport links, and only minutes away from Newcastle city centre.
This property represents an excellent opportunity for investors seeking a well-maintained, fully tenanted HMO in one of Newcastle's most consistently popular areas.
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.
Ground floor

Energy performance certificate - ask agent

Lynnwood Terrace, Fenham, Newcastle Upon Tyne

Approximate location

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Affordability

Monthly repayments£1,350
Property: £ 270,000
Deposit: £ 27,000
Interest rate: 5.3%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About My Property Box, Jesmond

Acorn Road, Jesmond, Newcastle Upon Tyne, NE2 2DJ

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Disclaimer - Property reference 20535390-00c9-415f-ba1e-7d6e485857da:686cd779-0045-4b73-b396-14fc4ac37976. 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 My Property Box, Jesmond. 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.