Whitehall Road, Gateshead, NE8 4PS
£176,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Terraced house
1,174 sq ft
4 Bedrooms
3 Bathrooms
Tenanted
Freehold
Overview
This 4-bedroom terraced house in Gateshead (NE8 4PS) presents a highly attractive investment with an asking price of £176,000, yielding a strong gross return of 13%. Currently tenanted, the property generates an annual rental income of £21,900. With a solid HMO strategy in place, it features 4 rooms, including 2 en-suites and 3 bathrooms. The property’s net yield stands at 9.2%, with an expected increase to 9.7%. Operating costs, including utilities, council tax, and broadband, total £5,640 annually, leaving a net annual cashflow of £16,260. Offering a freehold tenure and situated outside the Article 4 area, it is a lucrative opportunity for investors seeking stable returns.
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