Bayswater Road, Jesmond, Newcastle Upon Tyne

About this property

Hive Estates presents an exceptional investment opportunity to acquire a pair of Tyneside flats in the highly sought after West Jesmond area. Comprising a two bedroom lower flat and a three bedroom upper flat, both properties are currently tenanted and generate a combined annual rental income of £39,000 (£15,600 from the lower flat and £23,400 from the upper flat), offering an impressive gross rental yield of 7.8%.

The lower flat is well configured for shared living, featuring a spacious modern kitchen, a separate living and dining room with ample storage, and two generously sized bedrooms. The principal bedroom is enhanced by a large bay window and wood effect laminate flooring, while the bathroom is fitted with a walk in shower, separate bath, wash basin, WC, and heated towel rail.

Occupying the first floor, the upper flat offers a contemporary kitchen with cream high gloss cabinetry, white worktops, and marble effect tiling. The generous living room provides ample space for both relaxing and dining, while the three well proportioned bedrooms are ideal for professional or student tenants. The principal bedroom also benefits from a large bay window and wood effect laminate flooring. The bathroom is equipped with a walk in shower, separate bath, wash basin, and WC.

Externally, the properties share a rear yard with lane access. Positioned within easy reach of Jesmond’s popular cafes, shops, restaurants, universities, and transport links, the flats benefit from consistently strong tenant demand. Offering immediate income and long term investment potential, this is a rare opportunity to acquire a high yielding, ready made portfolio in one of Newcastle’s most desirable residential locations.

Lounge/Diner

Metric: 4.00 x 4.00
Imperial: 13'1" x 13'1"
Mixed: 4.00 x 4.00 (13'1" x 13'1")

Kitchen

Metric: 3.20 x 2.45
Imperial: 10'5" x 8'0"
Mixed: 3.20 x 2.45 (10'5" x 8'0")

Bedroom 1

Metric: 4.05 x 4.15
Imperial: 13'3" x 13'7"
Mixed: 4.05 x 4.15 (13'3" x 13'7")

Bedroom 2

Metric: 3.00 x 2.70
Imperial: 9'10" x 8'10"
Mixed: 3.00 x 2.70 (9'10" x 8'10")

Bedroom 3

Metric: 2.90 x 2.75
Imperial: 9'6" x 9'0"
Mixed: 2.90 x 2.75 (9'6" x 9'0")

Bathroom

Metric: 2.20 x 2.75
Imperial: 7'2" x 9'0"
Mixed: 2.20 x 2.75 (7'2" x 9'0")

Lounge/Diner

Metric: 3.90 x 4.25
Imperial: 12'9" x 13'11"
Mixed: 3.90 x 4.25 (12'9" x 13'11")

Kitchen

Metric: 3.15 x 2.45
Imperial: 10'4" x 8'0"
Mixed: 3.15 x 2.45 (10'4" x 8'0")

Bedroom 1

Metric: 3.80 x 4.50
Imperial: 12'5" x 14'9"
Mixed: 3.80 x 4.50 (12'5" x 14'9")

Bedroom 2

Metric: 2.80 x 2.45
Imperial: 9'2" x 8'0"
Mixed: 2.80 x 2.45 (9'2" x 8'0")

Bathroom

Metric: 2.30 x 3.55
Imperial: 7'6" x 11'7"
Mixed: 2.30 x 3.55 (7'6" x 11'7")

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