Shortridge Terrace, Jesmond, Newcastle upon Tyne

Hive Estates presents a rare opportunity to acquire a pair of Tyneside flats in the heart of Jesmond, offering a combined 12 bedrooms. Comprising a 5 bedroom lower flat and a 7 bedroom maisonette, these fully licensed HMO properties are tenanted until summer 2026 and generate a total £73,056 per annum (£31,200 from 64, £41,856 from 62), reflecting a combined gross yield of 8.59%.

Both flats have been thoughtfully designed for shared living, with spacious layouts and high-quality finishes. The maisonette 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 monochrome tiling, a sleek breakfast bar island, and contemporary units, seamlessly connecting to the lounge, which is finished with carpets and fitted blinds. Each of the seven double bedrooms is fully furnished with a double bed, fitted desk and storage space providing both comfort and practicality for tenants.

The ground-floor flat mirrors the same focus on practicality, including five double bedrooms each furnished with a bed, desk and storage space and a large open-plan kitchen and living area. The lounge benefits from a south-facing bay window, furnished with sofas and a flat-screen TV, seamlessly connecting to a fully fitted kitchen with a breakfast bar island.

Externally, both flats benefit from private rear yards with rear lane access, offering convenient space for bike and bin storage.

End-of-terrace property with dual street frontage, which could present potential for future development, subject to consents. With high tenant demand, strong rental returns, and a prime location near Jesmond’s shops, cafes, and student hotspots, this is a rare and compelling opportunity to purchase a pair of flats.

Kitchen/Diner - 4.60 x 5.40 (15'1" x 17'8") -

Bedroom 1 - 3.25 x 2.80 (10'7" x 9'2") -

Bedroom 2 - 3.25 x 2.30 (10'7" x 7'6") -

Bedroom 3 - 3.60 x 1.60 (11'9" x 5'2") -

Bedroom 4 - 3.80 x 2.77 (12'5" x 9'1" ) -

Bedroom 5 - 3.10 x 5.10 (10'2" x 16'8") -

Shower Room 1 - 2.40 x 2.24 (7'10" x 7'4") -

Shower Room 2 - 1.00 x 1.76 (3'3" x 5'9") -

Wc - 1.55 x 0.70 (5'1" x 2'3") -

Kitchen/Diner - 4.55 x 3.60 (14'11" x 11'9") -

Bedroom 1 - 2.75 x 2.90 (9'0" x 9'6") -

Bedroom 2 - 3.30 x 2.60 (10'9" x 8'6") -

Bedroom 3 - 3.30 x 2.40 (10'9" x 7'10") -

Bedroom 4 - 3.46 x 2.64 (11'4" x 8'7") -

Bedroom 5 - 2.85 x 2.60 (9'4" x 8'6") -

Bedroom 6 - 2.70 x 3.70 (8'10" x 12'1") -

Bedroom 7 - 2.40 x 3.70 (7'10" x 12'1") -

Bathroom - 2.40 x 2.50 (7'10" x 8'2") -

Shower Room 1 - 1.30 x 2.00 (4'3" x 6'6") -

Shower Room 2 - 1.18 x 1.86 (3'10" x 6'1") -

Wc -