5 bed flat for sale

Shortridge Terrace, Jesmond, Newcastle Upon Tyne NE2

Hive Estates presents this spacious ground floor five-bedroom licensed HMO, located in the highly sought-after area of Jesmond. Tenanted until July 2026, generating £31,200 per annum, representing a gross rental yield of 8.3%. The property offers an immediate strong income stream with significant potential for rental uplift to enhance returns.

Designed for modern shared living, the property boasts a well-thought-out layout, 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-perfect for socializing.

A main bathroom with modern tiling and shower complemented by a separate shower room and an additional WC, ensuring convenience for all tenants.

Externally, the property has a rear yard and store with access to rear lane. This property is an excellent choice for investors seeking a high-performing asset with a 30+ year unbroken letting history, in one of Jesmond’s most sought-after locations

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

Bedroom 1 (3.10 x 5.10 (10'2" x 16'8"))

Bedroom 2 (3.80 x 2.77 (12'5" x 9'1"))

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

Bedroom 4 (3.25 x 2.80 (10'7" x 9'2"))

Bedroom 5 (3.25 x 2.30 (10'7" x 7'6"))

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 0.07 (5'1" x 0'2"))