Osborne Avenue, Westoe, South Shields
Offers Over £275,000 (Tenant Fees)

** TENANTED HMO INVESTMENT ** OVER FOUR YEARS CONSISTENT RENTAL HISTORY ** ANNUAL RENT OF OVER £38,000 ** OVER 13% GROSS YIELD **

Cloud Estates are thrilled to welcome to the sales market this tenanted six bedroom house, which is currently operating as an established HMO on Osborne Avenue, South Shields. The property has been refurbished to a high standard throughout with the intention of offering an exceptional standard of living to professional tenants in the area.

The six double rooms all with ensuites achieve a combined monthly rental income of £3200 pcm. All rooms are let individually to professional tenants with bills included. It comprises of entrance, hallway, two ensuite bedrooms, modern kitchen and living space with a seperate utility area. Stairs to the first floor provides access to the four ensuite bedrooms. Externally the property has a private rear yard.

The property is situated in a convenient location within walking distance of numerous transport links, and amenities and has been lovingly designed to be stylish yet practical. Great location in Westoe, South Shields within a short distance to South Shields Metro Station for commuting to Newcastle and Gateshead. For drivers the property is in a great location close to the A19 and other surrounding arterial routes.

This is an excellent investment opportunity for the new owner. Please contact Liane Cloud Estates to arrange a viewing.