Manor House Road, Newcastle Upon Tyne£975,000
On MarketRMS Estate Agents - Jesmond - 0191 281 6700JR00004543
- Investment opportunity
- 8 bed HMO
- Freehold
- EPC rating D
- Council tax band E
- Current rental income £170 pppw giving £70,720 pa
Presenting this exceptional end of terrace house and ideally suited for investors, located in a highly sought-after area. This property currently operates as a fully licensed HMO, generating impressive rental income of £170 per person per week, amounting to £70,720 per annum, securely tenanted until the summer of 2026. Ouupying three stories on a corner plot in Manor House Road.
Upon entry, you are welcomed into a open-plan reception room, seamlessly connected to a modern kitchen. The kitchen benefits from abundant natural light and features direct access to the rear yard, providing a practical and social space ideal for student tenants.
Accommodation is arranged across eight generously proportioned double bedrooms, each equipped with built-in wardrobes. Some bedrooms further benefit from unique features such as bay windows and a traditional fireplace, creating comfortable and appealing living spaces for occupants.
The property features three bathrooms over all three floors, for added convenience. This includes a ground floor shower room, a further bathroom with a three-piece suite and separate w.c., as well as an additional bathroom equipped with a modern three-piece suite, ensuring ample facilities for all residents.
Additional highlights include a single garage, offering secure storage or parking options. The property holds an EPC rating of D and is within Council Tax Band E.
With strong existing tenants, excellent annual yields, and outstanding presentation throughout, this is a rare opportunity in a prime location. Early viewing is strongly recommended to appreciate both the scale and investment potential of this substantial student house.
PRIMARY SERVICES SUPPLY
Electricity: MAINS
Water: MAINS
Sewerage: MAINS
Heating: MAINS GAS
Broadband: CABLE
Mobile Signal Coverage Blackspot: NO
Parking: GARAGE
MINING: The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.
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