Hive Estates Limited

Tel: 01912 618500

1 Starbeck Avenue
Sandyford
Newcastle upon Tyne
NE2 1RH

Shortridge Terrace, Jesmond, Newcastle upon Tyne

Offers Over £850,000

12 Bedroom House - End Terrace

Rare opportunity to acquire two Tyneside flats in central Jesmond
Combined total of 12 bedrooms (5-bed lower flat, 7-bed maisonette)
Fully licensed HMOs, tenanted until summer 2026
Strong rental income: £73,056 per annum (£31,200 from No. 64, £41,856 from No. 62)
Attractive 8.59% gross yield
Upper flat: spacious open-plan kitchen/living with south-facing bay window
Ground floor flat: open-plan lounge/kitchen with bay window, sofas & flat-screen TV
Stylish interiors: monochrome tiling, breakfast bar, contemporary units, fitted blinds
All bedrooms fully furnished with double bed, desk, and storage
Both properties include private rear yards with lane access for bikes/bins

Hive Estates presents a rare opportunity to acquire a pair of Tyneside flats in the heart of Jesmond, offering a combined 12 bedrooms. Comprising a 5 bedroom lower flat and a 7 bedroom maisonette, these fully licensed HMO properties are tenanted until summer 2026 and generate a total £73,056 per annum (£31,200 from 64, £41,856 from 62), reflecting a combined gross yield of 8.59%.

Both flats have been thoughtfully designed for shared living, with spacious layouts and high-quality finishes. The maisonette features a well-balanced layout, including a spacious open-plan kitchen and living area with a south-facing bay window. The kitchen is fitted with stylish monochrome tiling, a sleek breakfast bar island, and contemporary units, seamlessly connecting to the lounge, which is finished with carpets and fitted blinds. Each of the seven double bedrooms is fully furnished with a double bed, fitted desk and storage space providing both comfort and practicality for tenants.

The ground-floor flat mirrors the same focus on practicality, 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.

Externally, both flats benefit from private rear yards with rear lane access, offering convenient space for bike and bin storage.

End-of-terrace property with dual street frontage, which could present potential for future development, subject to consents. With high tenant demand, strong rental returns, and a prime location near Jesmond’s shops, cafes, and student hotspots, this is a rare and compelling opportunity to purchase a pair of flats.

Kitchen/Diner

4.60 x 5.40 (15'1" x 17'8")

Bedroom 1

3.25 x 2.80 (10'7" x 9'2")

Bedroom 2

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

Bedroom 3

3.60 x 1.60 (11'9" x 5'2")

Bedroom 4

3.80 x 2.77 (12'5" x 9'1" )

Bedroom 5

3.10 x 5.10 (10'2" x 16'8")

Shower Room 1

2.40 x 2.24 (7'10" x 7'4")

Shower Room 2

1.00 x 1.76 (3'3" x 5'9")

WC

1.55 x 0.70 (5'1" x 2'3")

Kitchen/Diner

4.55 x 3.60 (14'11" x 11'9")

Bedroom 1

2.75 x 2.90 (9'0" x 9'6")

Bedroom 2

3.30 x 2.60 (10'9" x 8'6")

Bedroom 3

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

Bedroom 4

3.46 x 2.64 (11'4" x 8'7")

Bedroom 5

2.85 x 2.60 (9'4" x 8'6")

Bedroom 6

2.70 x 3.70 (8'10" x 12'1")

Bedroom 7

2.40 x 3.70 (7'10" x 12'1")

Bathroom

2.40 x 2.50 (7'10" x 8'2")

Shower Room 1

1.30 x 2.00 (4'3" x 6'6")

Shower Room 2

1.18 x 1.86 (3'10" x 6'1")

WC

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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