Polwarth Drive, Gosforth

HMO Investment Portfolio

Bedrooms

x 6

Description

This impressive HMO portfolio features a grand entrance leading to a reception hallway. The ground floor includes an open-plan living room, dining area, and kitchen, which spans the width of the rear. The modern kitchen is equipped with a breakfast area and extensive built-in appliances. The first floor hosts several bedroom suites with a luxury dressing room and ensuite
bathrooms. This property is ideally situated near local amenities and offers ample space for multiple tenants, making it a prime choice for HMO living.

Detached HMO properties in a prominent location
in Gosforth and Kenton.
• Extensively refurbished and fitted to a high
specification.
• 6-bedroom units fully occupied on AST’s
• Can be purchased in part or full.
• Annual combined rent of £258,540.
• High specification accommodation.

Expenditure
Average expenditure per unit:Gas/Electric – £2,760 / Broadband – £432 / TV License
– £180 / Council Tax – £2,040 Total; £5,412 per annum