Jesmond Vale Terrace, Heaton, Newcastle Upon Tyne
- £500,000 Offers Over
- 9 bedrooms
- 3 bathrooms
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Enlarge- 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
About this property
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
Metric: 6.85 x 4.45
Imperial: 22'5" x 14'7"
Mixed: 6.85 x 4.45 (22'5" x 14'7")
Bedroom 1
Metric: 6.00 x 4.60
Imperial: 19'8" x 15'1"
Mixed: 6.00 x 4.60 (19'8" x 15'1")
Bedroom 2
Metric: 4.70 x 4.45
Imperial: 15'5" x 14'7"
Mixed: 4.70 x 4.45 (15'5" x 14'7")
Shower Room
Metric: 1.80 x 1.50
Imperial: 5'10" x 4'11"
Mixed: 1.80 x 1.50 (5'10" x 4'11")
Bedroom 3
Metric: 4.80 x 5.21
Imperial: 15'8" x 17'1"
Mixed: 4.80 x 5.21 (15'8" x 17'1")
Bedroom 4
Metric: 4.70 x 4.45
Imperial: 15'5" x 14'7"
Mixed: 4.70 x 4.45 (15'5" x 14'7")
Bedroom 5
Metric: 2.89 x 7.35
Imperial: 9'5" x 24'1"
Mixed: 2.89 x 7.35 (9'5" x 24'1")
Bedroom 6
Metric: 4.50 x 4.50
Imperial: 14'9" x 14'9"
Mixed: 4.50 x 4.50 (14'9" x 14'9")
Bathroom
Metric: 3.92 x 2.87
Imperial: 12'10" x 9'4"
Mixed: 3.92 x 2.87 (12'10" x 9'4")
Bedroom 7
Metric: 2.01 x 5.10
Imperial: 6'7" x 16'8"
Mixed: 2.01 x 5.10 (6'7" x 16'8")
Bedroom 8
Metric: 1.49 x 0.60
Imperial: 4'10" x 1'11"
Mixed: 1.49 x 0.60 (4'10" x 1'11")
Bedroom 9
Metric: 2.60 x 0.81
Imperial: 8'6" x 2'7"
Mixed: 2.60 x 0.81 (8'6" x 2'7")
Bedroom 10
Metric: 3.65 x 3.85
Imperial: 11'11" x 12'7"
Mixed: 3.65 x 3.85 (11'11" x 12'7")
Shower Room
Metric: 3.79 x 1.68
Imperial: 12'5" x 5'6"
Mixed: 3.79 x 1.68 (12'5" x 5'6")
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