Split Crow Road, Gateshead £200,000

FULLY REFURBISHED TENANTED HMO INVESTMENT - 3 + YEARS CONSISTENT RENTAL HISTORY WITH NO VOIDS - ANUAL RENT OF £19,800 CIRCA 10% YIELD - EXCELLENT INVESTMENT OPPORTUNITY

Cloud Estates are thrilled to welcome this four bedroom terraced house which is currently operating as an established hmo on Split Crow Road, Gateshead. The property has been refurbished to a high standard throughout with the intention of offering an exceptional and unparalleled standard of living to professional tenants in the Newcastle and Gateshead area. The four rooms achieve a combined monthly rental income of £1650 pcm and there have been no void periods in the past 3 years.

It comprises of entrance hallway leading to bedroom one (with en-suite), living room and kitchen to the rear. Stairs to the first floor provide access to two further bedrooms (one with en-suite) and a shared bathroom. The fourth and final bedroom is located on the second floor in the converted loft space. Externally the property has a private rear yard. The property's cellar is accessible from the rear yard, is plumbed for bathroom/toilet facilities and provided appropriate approval is obtained, could offer an additional development opportunity in itself. 

The property is situated in a convenient location within walking distance of numerous transport links, Gateshead's QE Hospital and is located within a short commute of Newcastle and Gateshead central.

To the ground floor;

Entrance hallway 
Bedroom with en-suite 
Living area 
Kitchen 
Stairs to the second floor 

To the first floor; 

Bathroom 
Bedroom 
Bedroom with en-suite 
Stairs to the second floor 

To the second floor; 

Bedroom 

Exterior; 

Rear yard with access to cellar