Caris Street, Gateshead £200,000

FULLY REFURBISHED TENANTED HMO INVESTMENT - 3 + YEARS CONSISTENT RENTAL HISTORY WITH NO VOIDS - ANUAL RENT OF £21,480 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 Caris Street, 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 £1790 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 followed by kitchen. Stairs to the first floor provide access to three further bedrooms (one with en-suite and two with dedicated off suite shower rooms). Externally the property has a private rear yard.

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 first floor 

To the first floor; 

Bedroom with en-suite
Bedroom
Shower room 
Shower room