Shortridge Terrace, Jesmond, Newcastle upon Tyne
- PROPERTY TYPE
Maisonette
- BEDROOMS
7
- BATHROOMS
3
- SIZE
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- 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
- Seven bedroom upper floor licensed HMO in Jesmond
- Fully tenanted until August 2026
- Current income: £41,856 per annum (8.81% gross yield)
- Potential for rental uplift and further development value
- Spacious open-plan kitchen and living area with south-facing bay window
- Modern kitchen with breakfast bar, stylish tiling, and contemporary units
- Seven fully furnished double bedrooms with desks and storage
- Recently renovated bathroom, plus two extra shower rooms and a WC
- Large external terrace with rear lane access for bikes and bins
- 30+ years of unbroken letting history and strong rental demand
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 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 recently renovated, fully tiled bathroom includes a shower over bath and two extra shower rooms with walk in showers. A separate WC adds extra convenience. Externally, the property benefits from a large terrace, offering valuable outdoor space and easy rear lane access for bikes and bins.
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.
Kitchen/Diner - 4.55 x 3.60 (14'11" x 11'9") -
Bedroom 1 - 3.30 x 2.60 (10'9" x 8'6") -
Bedroom 2 - 3.30 x 2.40 (10'9" x 7'10") -
Bedroom 3 - 2.75 x 2.90 (9'0" x 9'6") -
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 - 2.40 x 3.70 (7'10" x 12'1") -
Bedroom 7 - 2.70 x 3.70 (8'10" 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") -
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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Shortridge Terrace, Jesmond, Newcastle upon Tyne
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Visit our security centre to find out moreDisclaimer - Property reference 34169992. 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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