yieldit are pleased to showcase this fabulous high quality licensed HMO which is fully occupied and can generate you a fantastic yield right from completion with good scope to increase. The bay fronted mid terraced property has been entirely well maintained and boasts spacious kitchen diner with patio doors leading to enclosed rear yard, five good sized double bedrooms, communal bathroom and W.C.

Charles Avenue is ideally positioned just off the sea front in the beautiful and ever popular seaside town of Whitley Bay. A wide range of amenities, shops, supermarkets, restaurants, pubs and cafes are all within close distance in addition to exceptional transport links making this a truly ideal residential location. Whitley Bays diverse town centre offers modern amenities with boutique shopping and exciting attractions such as the Spanish City development which recently underwent millions of pounds of investment to bring to life new leisure facilities, award winning restaurants, a tearoom and champagne bar.

Whitley Bay has received significant investment and a surge of popularity in recent years, with millions spent on the Promenade area and more in the works for the town centre. The area has a diverse community of families, working professionals and couples who ensure a constant demand for high quality rental accommodation which has a positive impact on rental yields and property values. This is reflected in figures obtained by Rightmove which states that house prices in the area have increased by 19% since the 2020 peak. There are endless reasons to add this property to your portfolio so enquire today to find out more.