Shortridge Terrace, Jesmond, Newcastle upon Tyne
- PROPERTY TYPE
Flat
- BEDROOMS
4
- BATHROOMS
1
- SIZE
993 sq ft
92 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Modern four double bedroom flat in Jesmond with original bay window
- Fully fitted kitchen with breakfast bar island and modern metro tiling
- Spacious living area with social space and modern finish with new flooring
- Stylish fully tiled bathroom with walk-in resin shower and contemporary fixtures
- Four spacious double bedrooms with fitted wardrobes and desks
- Private rear yard offers outdoor space with a small shed for storage
- Fantastic location close to local shops, amenities and popular student venues
- Tenanted until August 2026, ensuring immediate rental income for investors
- HMO licensed property meeting regulations for shared accommodation
- 8% gross rental yield
Description
The property offers an immediate strong income stream with significant potential for rental uplift to enhance returns, while development prospects offer scope to add further value. This property presents a rare and compelling opportunity for investors.
Designed for modern shared living, the flat features a well-balanced layout, including a spacious open-plan kitchen and living area with a south-facing bay window. The kitchen is fitted with stylish metro tiling, a sleek breakfast bar island, and contemporary units, seamlessly connecting to the lounge, which is finished with LVT flooring and fitted blinds. Each of the four double bedrooms is fully furnished with a double bed, fitted desk, wall-mounted cupboard, wardrobe, and individual wall-mounted TV, providing both comfort and practicality for tenants.
The recently renovated, fully tiled bathroom includes a walk-in shower with a stone resin tray and a new humidistat wall-mounted fan. A separate WC adds extra convenience. Externally, the property benefits from a large private yard, offering valuable outdoor space and easy rear lane access for bikes and bins.
Additionally, the adjoining garage presents the potential for conversion or further development, subject to the necessary consents. With its prime location, strong rental demand, 30+ year unbroken letting history, and excellent potential to add value, this is an outstanding opportunity for investors seeking a secure, high-performing asset in one of Jesmond’s most desirable areas.
Lounge/Diner - 4.45 x 5.77 (14'7" x 18'11") -
Bedroom 1 - 2.65 x 3.55 (8'8" x 11'7") -
Bedroom 2 - 3.90 x 2.60 (12'9" x 8'6") -
Bedroom 3 - 3.25 x 2.40 (10'7" x 7'10") -
Bedroom 4 - 3.25 x 2.40 (10'7" x 7'10") -
Shower Room - 1.80 x 3.25 (5'10" x 10'7") -
Hallway - 9.44 x 0.95 (30'11" x 3'1") -
Brochures
Shortridge Terrace, Jesmond, Newcastle upon TyneBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Shortridge Terrace, Jesmond, Newcastle upon Tyne
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Visit our security centre to find out moreDisclaimer - Property reference 33776290. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hive Estates, Newcastle upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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