12.8% gross yield | 3 beds 3 baths | 10+ years HMO use | rented until Aug 2026
A rare opportunity to purchase this fully compliant three bedroom, three bathroom HMO property in the heart of Jesmond, boasting over ten years of established HMO use and offering an impressive 12.8% gross yield. Currently rented until August 2026, this property provides immediate, secure income and is a fantastic addition to any portfolio.
Situated within a ground floor Tyneside flat the accommodation comprises an entrance hallway leading to three bedrooms, each with its own ensuite shower room, a living room and a fully fitted kitchen. The third bedroom, the living room and the second bedroom all benefit from French doors opening onto a private yard, adding to the appeal of this unique property.
Three-bedroom properties with three bathrooms are exceptionally rare in Jesmond, making this a highly desirable and high-performing investment opportunity.
Tenure – The property is Freehold and includes the freehold for both 37 & 39 Forsyth Road, providing a valuable future premium income benefit.
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