- Spacious three storey mid terrace HMO house +
- 7 double bedrooms - let until Summer 2027 +
- Freehold +
- EPC rating D +
- Investment property in sought after location +
- Large front garden +
- Council tax band C +
We are delighted to present this substantial seven-bedroom terraced property, perfectly positioned at Chester Crescent, Newcastle upon Tyne. Situated in a highly sought-after location, this impressive home enjoys close proximity to Northumbria University, Newcastle city centre, and a wealth of local amenities. Excellent public transport links, inviting walking and cycling routes, and a vibrant urban atmosphere make this an appealing proposition for investors.
Internally, the property offers a spacious layout comprising one reception room, providing an inviting space for relaxation or entertaining. The kitchen benefits from abundant natural light and incorporates a comfortable breakfast area, suited for both everyday dining and social gatherings.
All seven bedrooms are generously proportioned double rooms, ensuring ample accommodation for multiple occupants. With an EPC rating of D and a council tax band C, the home offers both functional comfort and efficiency.
A standout feature is the large front garden, rare for a property in this prime city location, providing valuable outdoor space for residents to enjoy.
Currently achieving an impressive rental income of £47,320 per annum, with a scheduled increase to £49,140 per annum for the 2026/27 period, this property represents an outstanding investment opportunity. The combination of strong rental returns, desirable address, and excellent amenities solidifies as a compelling choice for astute investors seeking quality and performance in Newcastle upon Tyne.
PRIMARY SERVICES SUPPLYElectricity: MAINSWater: MAINSSewerage: MAINSHeating: MAINS GASBroadband: ADSLMobile Signal Coverage Blackspot: NOParking:ON STREET PERMIT MININGThe 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.