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Offers over

£650,000

(£225/sq. ft)

7 bed terraced house for sale
St George's Terrace, Jesmond, Newcastle Upon Tyne NE2

    • 7 beds

    • 3 baths

    • 2 receptions

    • 2,888 sq. ft

  • EPC Rating: C

Freehold
Added on 28/01/2026

About this property

  • 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 2027, 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"))

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Monthly repayment

£3,251 per month

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More information

  • Tenure

    Freehold

  • Council tax band

    C

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