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117 St. Georges Terrace
Jesmond
Newcastle Upon Tyne
NE2 2DN
Glenthorn Road, Jesmond, Newcastle Upon Tyne
Offers Over £475,000 Sold (STC)
6 Bedroom Maisonette
- Investment Opportunity 9.5% Yield
- Tenanted From: 25th July 2025 To 24th July 2026
- Rental Income: £3,770 Per Month / £45,240 Per Annum
- Rent Per Person Per Week: £145 Pppw
- HMO Licence: For 6 Occupants, Currently Valid Until 1st May 2029
- Managing Agent: Bowson
- 957 Years Remaining On The Lease
- EPC D
Bowson are pleased to present this exceptional six-bedroom HMO investment property, ideally located on Glenthorn Road in the heart of Jesmond, NE2 one of Newcastle’s most desirable student areas.
This spacious six double bedroom maisonette extends to over 1200 sq ft and offers a rare opportunity to acquire a fully licensed HMO, with 10 years plus continuous use with tenants in situ, generating immediate and consistent rental income.
Investment Overview
Tenanted from: 25th July 2025 to 24th July 2026
Rental Income: £3,770 per month / £45,240 per annum
Rent per Person per Week: £145 pppw
Tenancy Type: 12-month ASTs with UK guarantors
HMO Licence: For 6 occupants, currently valid until 1st May 2029
Managing Agent: Bowson
Property Type: Maisonette
Total Area: Approx. 115 sqm
The property is thoughtfully configured and well-presented throughout, perfectly aligned with the demands of the student market.
It features a generous lounge/dining area with fully fitted kitchen with integrated appliances.
All six bedrooms are doubles, furnished for comfort and practicality. Two tiled bathrooms with showers, plus an additional WC, provide excellent functionality for a property of this size.
Additional benefits include full double glazing, neutral décor, durable furnishings, and robust fixtures designed for long-term tenancies.
The property is currently managed by Bowson.
Located just moments from Jesmond’s vibrant café culture, boutique shops, Metro connections, and university campuses, the property is ideally positioned to attract ongoing student demand.
This is a prime opportunity for HMO investors seeking a high-yield, low-maintenance asset in one of Newcastle’s most consistently popular rental locations.
With a tenancy in place, professional management, and a long-term HMO licence secured, this property offers both immediate returns and long-term investment stability.
Tenure
We have been advised by the vendor the property is Lease hold
Lease 999 years from 1982 - 957 Remains (Peppercorn ground rent.)
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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