7 bed maisonette for sale

Shortridge Terrace, Jesmond, Newcastle Upon Tyne NE2

Hive Estates presents this fantastic seven bedroom maisonette licenced HMO, ideally located in the highly sought-after area of Jesmond. Tenanted until August 2026, the property currently generates £41,856 per annum representing a gross yield of 8.81%.

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"))