Shortridge Terrace, Jesmond, Newcastle upon Tyne
- £375,000 Offers Over
- 5 bedrooms
- 2 bathrooms
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Enlarge- Spacious ground floor, five bedroom licensed HMO in Jesmond
- Fully tenanted until July 2026
- Generates £31,200 per annum
- Gross rental yield of 8.3%
- Potential for rental uplift to boost returns
- Five double bedrooms, each with bed, desk, and storage
- Large open-plan kitchen/living area with breakfast bar
- South-facing bay window, sofas, and flat-screen TV in lounge
- Main bathroom, separate shower room, and additional WC
- Rear yard and store with rear lane access; 30+ year letting history
About this property
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
Metric: 4.60 x 5.40
Imperial: 15'1" x 17'8"
Mixed: 4.60 x 5.40 (15'1" x 17'8")
Bedroom 1
Metric: 3.10 x 5.10
Imperial: 10'2" x 16'8"
Mixed: 3.10 x 5.10 (10'2" x 16'8")
Bedroom 2
Metric: 3.80 x 2.77
Imperial: 12'5" x 9'1"
Mixed: 3.80 x 2.77 (12'5" x 9'1")
Bedroom 3
Metric: 3.60 x 1.60
Imperial: 11'9" x 5'2"
Mixed: 3.60 x 1.60 (11'9" x 5'2")
Bedroom 4
Metric: 3.25 x 2.80
Imperial: 10'7" x 9'2"
Mixed: 3.25 x 2.80 (10'7" x 9'2")
Bedroom 5
Metric: 3.25 x 2.30
Imperial: 10'7" x 7'6"
Mixed: 3.25 x 2.30 (10'7" x 7'6")
Shower Room 1
Metric: 2.40 x 2.24
Imperial: 7'10" x 7'4"
Mixed: 2.40 x 2.24 (7'10" x 7'4")
Shower Room 2
Metric: 1.00 x 1.76
Imperial: 3'3" x 5'9"
Mixed: 1.00 x 1.76 (3'3" x 5'9")
WC
Metric: 1.55 x 0.07
Imperial: 5'1" x 0'2"
Mixed: 1.55 x 0.07 (5'1" x 0'2")
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