8 Bed HMO, Newcastle upon Tyne, NE2 3LH £880,000

• HMO house - 8 Bedrooms +
• Investment Opportunity +
• Current rental income - £155 pppw (£64,480 pa) until 03/07/2026 +
• 3 bathrooms +
• EPC RATING C +
• Freehold +
• Council Tax Band D +
• Rental income 2026/27 - £167.50 pppw (£69,680 pa) from 04/07/2026 +

A fabulous opportunity to purchase this substantial house situated on Osborne Road, within the heart of Jesmond, close to local cafes, restaurants and shops and within walking distance of West Jesmond Metro station.
This is a turnkey investment which is ideal for both new and experienced investors looking for an immediate return without further costs. The property currently operates as a fully licensed HMO which is Newcastle City Council Accredited & has a compliant EPC Rating C.
There is an impressive rental income of £155 per person per week (£64,480 per annum) rising to £167.50 per person per week (£69,680 per annum) from 4th July 2026 & it is securely tenanted until the summer of 2027. The accommodation occupies over 2195 sq ft and is spread over three floors of this magnificent period property. There are 8 generous bedrooms, communal lounge, well equipped kitchen/diner as well as a bathroom/w.c and two shower rooms/w.c. To the rear there is a private courtyard.PRIMARY SERVICES SUPPLY

Electricity: MAINS

Water: MAINS

Sewerage: MAINS

Heating: GAS CENTRAL HEATING

Broadband: CABLE

Mobile Signal Coverage Blackspot: NO

Parking: ON STREET PERMIT PARKINGMINING: 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.