Grantham Road, Sandyford, Newcastle Upon Tyne
- £375,000 Offers Over
- 6 bedrooms
- 2 bathrooms
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- Pair of Tyneside flats located in the highly desirable Sandyford area of Newcastle.
- Total annual rental income: £32,640 £21,840 upper flat and £10,800 for the lower
- Strong gross rental yield of 8.7%, offering excellent returns.
- Combined six bedrooms a two bed lower flat and a four bed upper maisonette.
- Fully licensed and tenanted until summer 2026, providing a turnkey investment.
- Both properties feature separate kitchens and living rooms, ideal for shared living.
- Modern interiors with oak effect cabinetry, grey worktops, and stylish finishes throughout.
- Bright, south facing aspect with bay windows and Velux skylights flooding the rooms with light.
- Shared rear yard with lane access, perfect for bike and bin storage.
- Prime Sandyford location close to shops, cafes, universities, and transport links.
About this property
Hive Estates presents an exceptional opportunity to acquire a pair of Tyneside flats located in the highly desirable Sandyford area. The properties offer a combined six bedrooms, comprising a two-bedroom lower flat and a four-bedroom upper maisonette, both fully licensed and currently tenanted until summer 2026.
Together, the flats generate a total annual income of £32,640 (£21,840 from the upper and £10,800 from the lower), providing a strong gross rental yield of 8.7% and an attractive, ready-made investment opportunity.
Both flats are well configured for shared living, featuring separate kitchens and living rooms, and benefit from a south-facing aspect, allowing plenty of natural light throughout.
The lower flat boasts a spacious kitchen with monochrome tiling, oak effect cabinetry, and grey worktops, with direct access to the rear yard. The living room offers built-in storage and a feature fireplace, while the master bedroom benefits from a large bay window and original fireplace surround. The second bedroom is well sized, and the bathroom includes a walk in shower, basin, and WC.
The upper maisonette is arranged over two floors, with a modern kitchen at the rear featuring oak effect cabinets and grey laminate worktops. The living room offers generous space for both relaxing and dining, complete with built-in storage. On the first floor, there are two well proportioned bedrooms, one with a bay window, a study room great to use for quite time to get work done, plus a bathroom with a walk in shower, basin, and WC. The second floor provides two further large bedrooms with Velux windows, creating bright, airy spaces.
Externally, both properties share a rear yard with access to the lane, providing convenient bike and bin storage.
With high tenant demand, strong rental returns, and a prime location close to Sandyford’s shops, cafes, and student hotspots, as well as excellent transport links, this is a superb investment opportunity in one of Newcastle’s most sought-after areas.
Lounge/Diner
Metric: 4.50 x 3.90
Imperial: 14'9" x 12'9"
Mixed: 4.50 x 3.90 (14'9" x 12'9")
Kitchen
Metric: 3.30 x 2.55
Imperial: 10'9" x 8'4"
Mixed: 3.30 x 2.55 (10'9" x 8'4")
Bedroom 1
Metric: 4.30 x 4.10
Imperial: 14'1" x 13'5"
Mixed: 4.30 x 4.10 (14'1" x 13'5")
Bedroom 2
Metric: 3.40 x 2.35
Imperial: 11'1" x 7'8"
Mixed: 3.40 x 2.35 (11'1" x 7'8")
Shower Room
Metric: 2.80 x 1.05
Imperial: 9'2" x 3'5"
Mixed: 2.80 x 1.05 (9'2" x 3'5")
Lounge/Diner
Metric: 4.60 x 4.00
Imperial: 15'1" x 13'1"
Mixed: 4.60 x 4.00 (15'1" x 13'1")
Kitchen
Metric: 3.35 x 2.55
Imperial: 10'11" x 8'4"
Mixed: 3.35 x 2.55 (10'11" x 8'4")
Bedroom 1
Metric: 2.90 x 3.78
Imperial: 9'6" x 12'4"
Mixed: 2.90 x 3.78 (9'6" x 12'4")
Bedroom 2
Metric: 3.50 x 2.40
Imperial: 11'5" x 7'10"
Mixed: 3.50 x 2.40 (11'5" x 7'10")
Bedroom 4
Metric: 2.70 x 6.29
Imperial: 8'10" x 20'7"
Mixed: 2.70 x 6.29 (8'10" x 20'7" )
Bedroom 5
Metric: 2.70 x 5.00
Imperial: 8'10" x 16'4"
Mixed: 2.70 x 5.00 (8'10" x 16'4")
Study
Metric: 2.45 x 2.35
Imperial: 8'0" x 7'8"
Mixed: 2.45 x 2.35 (8'0" x 7'8")
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£475,000 Offers Over
- 6 bedrooms
- 2 bathrooms