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Bishops Rd - Newcastle

Location

Newcastle

Date

March 2025

Project Type

HMO Conversion

Total Cap Ex

£245, 602

GDV

£268,975

Gross Rent PA

£42,900

Net Rent PA

£19,975

ROCE

44.5 %

Conversion of existing 3 bed terrace into a 6 bed HMO involving loft conversion, back to brick conversion, all new ensuites and chimney breast removal.

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