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This property was removed from Dealsourcr.

5 Bed HMO, Wallsend, NE28 8RJ £160,000

North Road, Wallsend, Tyne and Wear, NE28 8RJ - 5 views - 4 months ago
  1. Deal Search
  2. Wallsend
  3. NE28
  4. NE28 8RJ
Sold STC
Auction
HMO
Outside Article 4
ROI: 14%
~178 m²

ValuationUndervalued

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Links

  • More Deals in Wallsend
  • More Deals in NE28
  • More HMO Deals
  • More HMO Deals in Wallsend
  • More HMO Deals in NE28

Property History

Listed for £160,000

August 16, 2025

Description

  • To Be Sold Via Online Auction +
  • Five Bedrooms +
  • 4 Tenanted Rooms +
  • 2 Year Old Boiler +
  • EPC - D +

To Be Sold Via Online Auction, Fees Apply.

Excellent Investment Opportunity – Five Bedroom House with Strong Rental Yield

We are delighted to present this superb investment opportunity to purchase a spacious five bedroom property, currently operating as a successful Multi-Let with potential of being a HMO with having five bedroom. Four of the rooms are already tenanted, generating a fantastic rental income of £24,000 per annum, with scope to increase earnings by letting the remaining room.

The property offers generous accommodation throughout, including well-proportioned bedrooms, a communal kitchen/diner, and shared bathroom facilities. Situated in a convenient location close to local amenities, transport links, and employment hubs, it appeals strongly to tenants and ensures minimal vacancy periods.

With an excellent return on investment and further income potential, this is an ideal addition to any landlord’s portfolio.

Key Features:
• Five bedroom property – four rooms already tenanted
• Annual rental income of £24,000 with scope to increase
• 2 Year Old Boiler
• Sought-after location with excellent transport links
• Perfect turnkey investment with immediate returns

Council Tax Band: B
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Wallsend

0191 607 6820

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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