7 bed terraced house for sale

Forsyth Road, Jesmond, Newcastle Upon Tyne NE2

A spacious terraced HMO student accommodation property available for sale. Notably, the property is currently tenanted until Summer 2026, providing a lucrative yield of £50,960 per annum. This provides a secure and profitable investment for those looking for a steady and reliable return.

Situated in a sought-after location, the property boasts proximity to local amenities, including shops, cafes and coffee shops on St Georges Terrace, Acorn Road and Brentwood Avenue, adding to its appeal for tenants and making it an ideal investment opportunity. The property comprises seven generously sized double bedrooms, offering ample living space for tenants.

The property features two welcoming reception rooms, each adorned with a fireplace, perfect for communal gatherings or individual relaxation. They provide an inviting atmosphere that complements the rest of the property's well-thought-out and comfortable environment.

In addition, there is a kitchen, which serves as the heart of the property, providing a space for tenants to cook and socialise. There are also two bathrooms, contributing to the functionality and convenience the property offers to its tenants.

In summary, this terraced student accommodation property offers a unique and advantageous investment opportunity with its sought-after location, excellent tenant yield, and the convenience and comfort it provides to its tenants. It is ideally suited for investors seeking to capitalise on the robust student rental market in the area.
Primary services supply

Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Gas central heating
Broadband: Fibre
Mobile Signal Coverage Blackspot: No
Parking: On street permit parking
Mining

The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.