**HMO INVESTMENT** Regent Farm Road, Gosforth, NE3
By Brunton Residential
£ 300,000
Reviews
3 out of 5 stars
Brunton Residential says ..
INVESTMENT PROPERTY - SIX BEDROOM HMO - CIRCA 14% GROSS YIELD Brunton Residential are pleased to bring to the market this well-presented six-bedroom semi-detached HMO on Regent Farm Road – a fantastic opportunity for investors looking for strong returns. Currently producing an impressive...
Property Oracle says ..
This six-bedroom semi-detached house on Regent Farm Road, Gosforth, presents a significant opportunity, particularly for investors interested in the HMO (House in Multiple Occupation) market. The property features five bathrooms, catering well to the needs of multiple occupants. While the house appears to be in reasonable condition, some modernisation could enhance its appeal and rental potential. The kitchen seems well-maintained, but the bathrooms might benefit from updates. The garden offers a pleasant outdoor space. Located in the desirable area of Gosforth, the property benefits from proximity to local schools, shops, and amenities, with good transport links and a reasonable distance from Newcastle city centre. Given its potential as an HMO, the asking price of £300,000 seems reasonable, especially considering the number of bedrooms and bathrooms. However, prospective buyers should factor in the cost of potential renovations to maximise the property’s value and rental income.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 6
- Bedrooms
- 6
- Bathrooms
- 5
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 193,425.00 £Decreased by 28.79 %
- Average area rental value
- 886.00 £/moDecreased by 19.23 %
- Est rental Yield
- 5.50 %Increased by 13.40 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Brunton Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Regent Farm First School | Foundation School | Good | 0.54 KM |
| Grange First School | Foundation School | Good | 0.59 KM |
| St Charles' Catholic Primary School | Academy Converter | 0.67 KM | |
| Gosforth Junior High Academy | Academy Converter | Outstanding | 0.94 KM |
| Archibald First School | Foundation School | Outstanding | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sycamore Square | £ 0 | 0 | 0.00 KM |
| Mayfield Road | £ 450,000 | 0 | 0.00 KM |
| Ashburton Road | £ 0 | 0 | 0.00 KM |
| Linden Avenue | £ 1,200,000 | 0 | 0.00 KM |
| Laurel Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 5.05 KM |
| Manors | 7603 | MAS | 5.27 KM |
| Metrocentre | 7725 | MCE | 6.87 KM |
| Dunston | 7744 | DOT | 6.87 KM |
| Cramlington | 7579 | CRM | 9.33 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| **HMO INVESTMENT** Regent Farm Road, Gosforth, NE3 | £ 300,000 | BUY | 6 / 10 | 0.00 KM |
| Weldon Way, Regent Farm Estate, Newcastle upon Tyne | £ 265,000 | BUY | 7 / 10 | 0.06 KM |
| Regent Farm Road, Newcastle Upon Tyne | £ 250,000 | BUY | 7 / 10 | 0.08 KM |
| Embleton Avenue, Gosforth, NE3 | £ 295,000 | BUY | 7 / 10 | 0.12 KM |
| Guyzance Avenue, Newcastle Upon Tyne | £ 345,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 34 Beal Way | £ 133,000 | 0.11 KM |
| 11 Beal Way | £ 122,000 | 0.11 KM |
| 28 Beal Way | £ 158,000 | 0.11 KM |
| 48 Beal Way | £ 190,000 | 0.11 KM |
| 4 Weldon Way | £ 300,000 | 0.12 KM |