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Granville Road, Newcastle Upon Tyne, Tyne and Wear, NE2 1TP

PROPERTY TYPE

Terraced

BEDROOMS

12

BATHROOMS

3

SIZE

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TENURE
Describes 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

  • 12 Bedrooms
  • 3 Apartments
  • Student HMO's
  • Projected rent for 26/27 £93,600

Description

An outstanding investment opportunity awaits in the highly sought-after NE2 postcode of Newcastle upon Tyne. This expansive property, currently configured as three self-contained student Houses in Multiple Occupation (HMOs), presents a compelling proposition for discerning investors seeking a high-yielding asset in a vibrant university city.


The current setup provides a clear pathway to immediate rental income, with a projected rent for the 2026/2027 academic year estimated at a substantial £93,600.


The property's strategic location in Jesmond is renowned for its proximity to major university campuses, including Newcastle University and Northumbria University, making it an incredibly desirable area for students. This ensures a continuous demand for high-quality student accommodation, underpinning the long-term viability and profitability of this investment. Beyond the academic institutions, residents benefit from excellent transport links, a wealth of local amenities, including shops, supermarkets, cafes, and restaurants, as well as easy access to the city centre's vibrant cultural and social scene.


This is more than just a property; it's a robust business model. The established HMO status and the clear projected rental income provide a secure and attractive return on investment. For those looking to expand their portfolio or enter the thriving student accommodation market, this property represents a turnkey solution with significant income potential. The demand for student housing in Newcastle remains consistently high, driven by the city's two large universities and its reputation as a top student destination.


Investors will appreciate the solid financial projections and the inherent stability of the student rental sector. The property's scale, with twelve bedrooms, allows for economies of scale in management and maintenance, further enhancing its appeal. This is a rare opportunity to acquire a substantial asset in a prime location, offering both immediate income and strong capital appreciation potential. Early viewing is highly recommended to fully appreciate the scope and quality of this exceptional investment.
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: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Permit
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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Granville Road, Newcastle Upon Tyne, Tyne and Wear, NE2 1TP

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About Greetham Gilbert, Jesmond

25 Osborne Road, Jesmond, Newcastle Upon Tyne, NE2 2AH

Greetham Gilbert is a tech-based, forward-thinking estate agency, we are revolutionising the real estate industry by seamlessly integrating technology, innovation, and marketing excellence. We embrace cutting-edge advancements to transform the way properties are bought, sold, and showcased. Through our forward-thinking approach, we leverage the power of data analytics, and artificial intelligence to provide unparalleled insights and experiences for our clients. Our editorial standard marketing ensures that every property we represent receives strategic and targeted promotion across various channels, captivating potential clients and maximising exposure. With our tech-driven mindset, we constantly adapt and evolve to stay ahead of industry trends, delivering exceptional results and surpassing expectations. Experience the future of real estate with our visionary team, where technology meets innovation and marketing excellence to redefine the way properties are bought, sold and let.

Your mortgage

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Years
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Monthly repayments
£4,560
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Disclaimer - Property reference GRT_GRT_LFSYCL_815_991288088. 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 Greetham Gilbert, Jesmond. 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.
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