Guide price
£330,000
6 bed terraced house for sale21 Myrtle Grove, Wallsend, Tyne And Wear NE28
6 beds
6 baths
EPC Rating: C
Freehold
About this property
For sale by commited sale -
Fully Licensed 6-Bed All-Ensuite HMO £46,500 Annual Income 14.09% Gross Yield Prime Wallsend Location Near Newcastle, Employers & Amenities Professional Tenants Excellent Metro & Road Links Regeneration Area Turnkey Investment
This modern, high-spec, fully compliant 6-bedroom, all-ensuite HMO offers a standout, high-yield investment opportunity in a prime Wallsend location. Fully tenanted by working professionals, the property generates £46,500 in annual rental income, delivering an exceptional gross yield of 14.09% with strong occupancy and reliable cash flow. The all-ensuite configuration, combined with features such as in-room intercom systems, TVs in all bedrooms, dedicated workspaces and hardwired Cat6 connectivity, enhances tenant appealparticularly among remote-working professionalssupporting sustained demand. Individually wired rooms with sub-metering further support efficient management and cost control. The property also benefits from readily available on-street parking and strong transport connectivity via Metro links to Newcastle, alongside easy access to the A19 and Tyne Tunnel, further strengthening its commuter appeal. Supported by ongoing North Tyneside and Newcastle investment, this asset represents a resilient, high-performing investment with strong income and long-term growth potential in one of the North East's most in-demand rental markets.
Fully Licensed 6-Bed All-Ensuite HMO £46,500 Annual Income 14.09% Gross Yield Prime Wallsend Location Near Newcastle, Employers & Amenities Professional Tenants Excellent Metro & Road Links Regeneration Area Turnkey Investment
This modern, high-spec, fully compliant 6-bedroom, all-ensuite HMO offers a standout, high-yield investment opportunity in a prime Wallsend location. Fully tenanted by working professionals, the property generates £46,500 in annual rental income, delivering an exceptional gross yield of 14.09% with strong occupancy and reliable cash flow. The all-ensuite configuration, combined with features such as in-room intercom systems, TVs in all bedrooms, dedicated workspaces and hardwired Cat6 connectivity, enhances tenant appealparticularly among remote-working professionalssupporting sustained demand. Individually wired rooms with sub-metering further support efficient management and cost control. The property also benefits from readily available on-street parking and strong transport connectivity via Metro links to Newcastle, alongside easy access to the A19 and Tyne Tunnel, further strengthening its commuter appeal. Supported by ongoing North Tyneside and Newcastle investment, this asset represents a resilient, high-performing investment with strong income and long-term growth potential in one of the North East's most in-demand rental markets.
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Monthly repayment
£1,650 per month
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