Hive Estates Limited

Tel: 01912 618500

1 Starbeck Avenue
Sandyford
Newcastle upon Tyne
NE2 1RH

Shortridge Terrace, Jesmond, Newcastle upon Tyne

Offers Over £375,000 Sold (STC)

5 Bedroom Maisonette

Spacious five-bedroom maisonette in the highly sought-after area of Jesmond
Well-balanced layout with two double bedrooms at the front and three at the rear
Stylish open-plan living area with leather sofas and a flat-screen TV
Fully fitted kitchen seamlessly connected to the lounge, creating a great social space
Two modern bathrooms, one with a shower over the bath, plus separate shower room/WC
All five double bedrooms fully furnished with a bed, desk, wardrobe, and wall-mounted TV
Private rear yard with back lane access for bikes and bin storage
Tenanted until July 2026, ensuring immediate rental income for investors
HMO licensed property meeting regulations for shared accommodation
8.3% gross rental yield

Hive Estates presents this spacious upper 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 two double bedrooms accessed off the main landing leading onto 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.

To the rear of the property, there are three double bedrooms, each fully furnished with a bed, desk, wardrobe, and individual wall-mounted TV.

A main bathroom with modern tiling and a shower over the bath is complemented by a separate shower room and an additional WC, ensuring convenience for all tenants. Additionally, the property has a loft space which may offer further potential, subject to the necessary consents.

Externally, the property has a private 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

Entrance

6.30 x 1.00 (20'8" x 3'3")

Kitchen/Diner

5.96 x 4.00 (19'6" x 13'1")

Landing

3.00 x 2.40 (9'10" x 7'10")

Bedroom 1

3.20 x 2.40 (10'5" x 7'10")

Bedroom 2

3.40 x 2.40 (11'1" x 7'10")

Bedroom 3

2.89 x 2.35 (9'5" x 7'8")

Bedroom 4

4.11 x 2.00 (13'5" x 6'6")

Bedroom 5

2.90 x 2.50 (9'6" x 8'2")

Hallway

9.34 x 1.08 (30'7" x 3'6")

Bathroom

2.76 x 1.69 (9'0" x 5'6")

Energy Efficiency and Environmental Impact

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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