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Get brand editions for Hive Estates, Newcastle upon Tyne

Jesmond Vale Terrace, Heaton, Newcastle Upon Tyne

PROPERTY TYPE

Terraced

BEDROOMS

9

BATHROOMS

3

SIZE

3,168 sq ft

294 sq m

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

Jesmond Vale Terrace, Heaton, Newcastle Tyne.jpg
1

Key features

  • Substantial nine bedroom student HMO
  • Located on Jesmond Vale Terrace
  • Generating £45,864.36 per annum in rental income
  • Attractive 9.17% rental yield
  • Fully licensed and compliant HMO
  • Nine well proportioned bedrooms
  • Spacious communal living room and dining area
  • Large fitted kitchen with ample storage
  • Three bathrooms
  • Close to Metro links for Newcastle and Northumbria Universities

Description

Hive Estates presents to the market this substantial nine bedroom student HMO on Jesmond Vale Terrace, offering an excellent opportunity for investors seeking strong rental returns and an established student rental property. Generating £45,864.36 per annum in rental income and an impressive 9.17% rental yield, this property presents an attractive proposition for landlords looking to maximise returns and expand their investment portfolio. Fully licensed and compliant as an HMO, the property is configured to accommodate the strong demand for student housing in Newcastle.

The accommodation comprises nine well proportioned bedrooms, a spacious communal living room, a large fully fitted kitchen with ample storage and a dedicated dining area, alongside three bathrooms. The bedrooms benefit from natural light, original wooden flooring and varied layouts, providing practical accommodation for student tenants. Generous communal spaces further enhance the property's suitability for shared student living.

Positioned close to Metro links providing convenient access to both Newcastle University and Northumbria University, the property benefits from a location well suited to the student rental market. Its nine-bedroom configuration offers multiple income streams from a single asset, making it an appealing option for investors seeking a high-yield addition to their portfolio.

With £45,864.36 in annual rental income, a 9.17% yield and a location serving Newcastle's student market, this is a compelling investment opportunity for landlords looking for substantial rental income and the potential to strengthen their existing portfolio.



Kitchen/Diner - 6.85 x 4.45 (22'5" x 14'7") -

Bedroom 1 - 6.00 x 4.60 (19'8" x 15'1") -

Bedroom 2 - 4.70 x 4.45 (15'5" x 14'7") -

Shower Room - 1.80 x 1.50 (5'10" x 4'11") -

Bedroom 3 - 4.80 x 5.21 (15'8" x 17'1") -

Bedroom 4 - 4.70 x 4.45 (15'5" x 14'7") -

Bedroom 5 - 2.89 x 7.35 (9'5" x 24'1") -

Bedroom 6 - 4.50 x 4.50 (14'9" x 14'9") -

Bathroom - 3.92 x 2.87 (12'10" x 9'4") -

Bedroom 7 - 2.01 x 5.10 (6'7" x 16'8") -

Bedroom 8 - 1.49 x 0.60 (4'10" x 1'11") -

Bedroom 9 - 2.60 x 0.81 (8'6" x 2'7") -

Bedroom 10 - 3.65 x 3.85 (11'11" x 12'7") -

Shower Room - 3.79 x 1.68 (12'5" x 5'6") -

Brochures

Jesmond Vale Terrace, Heaton, 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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Jesmond Vale Terrace, Heaton, Newcastle Upon Tyne

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Affordability

Monthly repayments£2,513
Property: £ 500,000
Deposit: £ 50,000
Interest rate: 5.35%
Term: 30 years
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Get brand editions for Hive Estates, Newcastle upon Tyne

About Hive Estates, Newcastle upon Tyne

1 Starbeck Avenue Sandyford Newcastle Upon Tyne NE2 1RH

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.

The company has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.

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Disclaimer - Property reference 35016269. 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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