Ovett Gardens, St James Village, Gateshead, Tyne and Wear, NE8 3JH

Located on a popular development close to the Metro Station and offering excellent access into Newcastle and Gateshead, as well as convenient commuting links via the A1 and Tyne Tunnel, this substantial seven-bedroom HMO townhouse presents an outstanding investment opportunity. Benefits include UPVC double glazing and gas central heating.

Generating a strong annual income, approximately £46,000, the property delivers an impressive yield. Gas and electricity costs are paid directly by the tenants, further enhancing the investment appeal. The property offers spacious accommodation arranged over three floors.

The accommodation comprises an entrance hallway, a kitchen diner, 7 bedrooms and 6 bathrooms, plus a ground floor cloakroom/WC. Externally, there is off-road parking for one vehicle and an enclosed rear garden. Next door to the property is the self contained studio apartment with a C3 license, its own private kitchen and bathroom.

The property's proximity to public transport links, major road networks, Newcastle city centre and Gateshead makes it particularly attractive to tenants, providing an investment that is ready to generate an immediate return.

Location The subject property is located along Ovett Gardens, Gateshead, and is located within close proximity to transport links, local amenities and shops.

EPC Available upon request (rating C).

Council Tax Band C

Tenure Freehold

Additional Information For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.