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Offers in excess of
£290,000

5 bedroom terraced house for sale

Telford Street, Gateshead, NE8
Recently added
Terraced house
5 beds
5 baths
1302
Added < 7 days

Key information

TenureFreehold
Council taxBand D
Mobile signal
EEO2ThreeVodafone

Features and description

  • Licenced HMO
  • Five Bedrooms
  • Five Ensuites
  • Refurbished In 2021
  • Modern Kitchen & Bathrooms
  • Long Sitting Tenants
  • Great Investment Opportunity

This impressive five-bedroom HMO presents a superb investment opportunity in a sought-after location, offering spacious and modern accommodation ideally suited for both investors and tenants. Refurbished to a high standard in 2021, the property is arranged over multiple floors and benefits from a full HMO licence, ensuring compliance and peace of mind for landlords. Each of the five generously sized bedrooms features its own private ensuite bathroom, providing maximum comfort and convenience for residents and making the property particularly attractive to professionals or students seeking quality shared accommodation. The interiors have been finished to a contemporary standard, with a stylish modern kitchen equipped with integrated appliances, ample storage, and sleek work surfaces, making it a practical and inviting space for meal preparation and dining. The bathrooms are equally well appointed, boasting modern fixtures, elegant tiling, and efficient layouts designed for ease of use and low maintenance. The property’s thoughtful refurbishment includes sound proofing, damp proofing, full rewire, full new heating system, updated flooring, neutral décor, and quality fittings throughout. Currently, the house benefits from long-sitting tenants, offering immediate rental income and stability for prospective buyers. Its configuration and licencing make it a standout choice for anyone looking to expand their portfolio with a high-yield asset in a popular rental area. Fully let to 5 individual young professionals on 5 individual tenancies. Current rental income in the region of £33,000 per annum. Being sold with tenants in situ. Scope to alter the top floor into two bedrooms instead of one how it is currently configured.

The location is well connected to local amenities, transport links, enhancing its appeal to a wide tenant base. This is a rare opportunity to acquire a fully refurbished, well-maintained HMO with an established rental history and modern features throughout. Early viewing is highly recommended to appreciate the quality of accommodation and investment potential on offer.


EPC Rating: E

Rooms

Kitchen/Lounge
Open plan kitchen living space provides tenants a modern space to cook and unwind.

Visit agent website

Area statistics

Crime score
High crime
7/10

About this agent

Conway Christie Estate Agency - Cleadon
Conway Christie Estate Agency - Cleadon
297 SUNDERLAND ROAD South Shields NE34 6RB
0191 511 8637
Full profileProperty listings
Sarah Conway is an experienced estate agent who has been selling houses for over 14 years with experience of both traditional and online estate agency models. With her honest approach to valuing property, she quickly became one of the most successful selling agents in the area. Our main aim is not to reinvent the wheel, but to take the best bits from both models and put our customers at the forefront of everything we do. Since launching her own independent estate agency is 2021, with the support of business partner Peter Watson, she has gone from strength to strength, from winning highly regarded industry awards to rapidly expanding services and growth into other areas. They have created jobs for local people and keen on supporting other businesses in the area. With the expansion, she has joined forces with Kyle Christie, Kyle brings with him a wealth of property investment and marketing knowledge, together they have created a brand that keeps Sarah's customer focused passion at the centre of the business, whilst positioning themselves for growth into lettings and mortgages and creating more job opportunities within the region. Sarah proudly boosts it's a team effort and with it comes the rebrand of Conway and Christie. “I don't want to move away from the reasons I started the business, I started then with the same vision as I have today. Some of our core values are integrity, accountability and providing brilliant customer service for everyone, no matter what the value of their home is. Our business is proudly built on recommendations from our clients, and as we evolve we don't want to be just a boring estate agent, we want to offer more for not only our clients, but for our community. The thing I love most about the way we work is it's a lot more personal, I know my clients and I know what is important to them. I’ve done this for years, yet I still feel excitement for both the seller and buyer each time I agree a sale; I will never tire of that. We have brought in fantastic people with the same values and passion for people and property; always striving for brilliance, putting our customers at the heart of what we do and building lasting relationships with them. This ensures the same level of service as we grow." Sarah Conway. Conway Christie now offer a complete service for our clients covering both Sales and Lettings. Our Property Concierge Service means we can help with all aspects of moving home, including sorting your home insurance, booking removals as well as helping you secure a mortgage and recommending great solicitors to process your sale/purchase. Conway Christie Estate Agency is the perfect choice to help you with a smooth selling process. With reliable advice and extensive area knowledge, we will guide you through the process from start to finish. We have proudly built up our business on referrals from clients and have an impeccable reputation built on trust, accountability and exceptional service levels. We have a fresh approach to selling houses, always thinking outside the box and pushing boundaries, creating a fresh approach to estate agency which sets us aside from typical agents. Our dynamic approach and attention to detail will make your property advert stand out for all the right reasons. A well-prepared, high-quality advert increases not only the attention to your property, but also the number of viewings and sale opportunities. We will negotiate offers to get you the best possible price and see things through until the day you hand over the keys! Property Concierge We don't stop at selling houses! We can help you with mortgages, conveyancing solicitors, lettings, building work and home improvements too, working with some great local businesses to provide you with a more complete service. Whatever you need, let us know, our concierge service will get you a hassle-free quote or make an introduction Contact us now to book in a free home valuation to give you an accurate property value and the best approach to getting you the best price!
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