Hive Estates Limited

Tel: 01912 618500

1 Starbeck Avenue
Sandyford
Newcastle upon Tyne
NE2 1RH

St George's Terrace, Jesmond, Newcastle Upon Tyne

Offers Over £650,000 Sold (STC)

7 Bedroom House - Terraced

Two investment properties in a converted Victorian terraced house
Tenanted until 2026, generating £48,400 per annum
Spacious 5-bedroom maisonette on the first and second floors
Large 2-bedroom garden flat on the ground floor
Original period features including coving, fireplaces and bay windows
Private front garden and large rear yard with electric door
Desirable location on St George's Terrace
Gross annual yield of 7.45%

Hive Estates is delighted to present this exceptional Victorian terraced house, on the desirable St George’s Terrace, which has been converted into two investment properties, offering a combined gross rental yield of 7.45%. The upstairs is a fabulous large 5-bedroom maisonette, with original features and a bay window. The lower is an incredibly spacious ground floor 2-bedroom garden flat, also with original features and a bay window. Both properties are tenanted until 2026, ensuring a secure and profitable long-term income with a rental income of £48,400 per annum.

The five-bedroom, two-bathroom maisonette is perfectly suited for students, featuring five equally sized double bedrooms, a spacious full-width living room with a charming bay window and original fireplace, and a modern kitchen with integrated appliances, a tiled floor, and a generous dining area. The property benefits from two fully tiled bathrooms, each with a bath and separate shower, plus ample on-street parking.

The two-bedroom ground-floor apartment on St George’s Terrace combines period charm with modern convenience. It boasts a bright and spacious living room with a feature fireplace, a modern fitted kitchen with white goods, and two double bedrooms, including a master with an en-suite. The main bathroom features a sleek walk-in shower, and ample storage solutions add practicality. The property benefits from a private front garden and a rear yard with parking and an electric door.

With strong rental yields, prime location, and secure tenancy agreements, this pair of high-performing properties presents an unmissable opportunity for investors looking to expand their portfolio Newcastle’s most sought-after areas.

Lounge/Diner

4.70 x 6.16 (15'5" x 20'2")

Kitchen/Breakfast Room

4.65 x 4.00 (15'3" x 13'1")

Bedroom 1

4.35 x 3.50 (14'3" x 11'5")

Bathroom 1

2.10 x 2.30 (6'10" x 7'6")

Landing

9.50 x 2.11 (31'2" x 6'11")

Bedroom 2

3.75 x 2.90 (12'3" x 9'6")

Bedroom 3

4.80 x 2.85 (15'8" x 9'4")

Bedroom 4

4.00 x 4.00 (13'1" x 13'1")

Bedroom 5

4.41 x 3.50 (14'5" x 11'5")

Bathroom 2

2.75 x 2.40 (9'0" x 7'10")

Landing

11.73 x 2.00 (38'5" x 6'6")

Lounge

4.70 x 4.45 (15'5" x 14'7")

Kitchen

2.80 x 4.00 (9'2" x 13'1")

Bedroom 1

3.70 x 2.55 (12'1" x 8'4")

Bedroom 2

2.50 x 3.50 (8'2" x 11'5")

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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