Offers over
£475,000
7 bed maisonette for saleShortridge Terrace, Jesmond, Newcastle Upon Tyne NE2
7 beds
3 baths
1 reception
EPC Rating: D
Freehold
About this property
Seven bedroom upper floor licensed HMO in Jesmond
Fully tenanted until August 2026
Current income: £41,856 per annum (8.81% gross yield)
Potential for rental uplift and further development value
Spacious open-plan kitchen and living area with south-facing bay window
Modern kitchen with breakfast bar, stylish tiling, and contemporary units
Seven fully furnished double bedrooms with desks and storage
Recently renovated bathroom, plus two extra shower rooms and a WC
Large external terrace with rear lane access for bikes and bins
30+ years of unbroken letting history and strong rental demand
Hive Estates presents this fantastic seven bedroom maisonette licenced HMO, ideally located in the highly sought-after area of Jesmond. Tenanted until August 2026, the property currently generates £41,856 per annum representing a gross yield of 8.81%.
The property offers an immediate strong income stream with significant potential for rental uplift to enhance returns, while development prospects offer scope to add further value. This property presents a rare and compelling opportunity for investors.
Designed for modern shared living, the flat 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 recently renovated, fully tiled bathroom includes a shower over bath and two extra shower rooms with walk in showers. A separate WC adds extra convenience. Externally, the property benefits from a large terrace, offering valuable outdoor space and easy rear lane access for bikes and bins.
With its prime location, strong rental demand, 30+ year unbroken letting history, and excellent potential to add value, this is an outstanding opportunity for investors seeking a secure, high-performing asset in one of Jesmond’s most desirable areas.
Kitchen/Diner (4.55 x 3.60 (14'11" x 11'9"))
Bedroom 1 (3.30 x 2.60 (10'9" x 8'6"))
Bedroom 2 (3.30 x 2.40 (10'9" x 7'10"))
Bedroom 3 (2.75 x 2.90 (9'0" x 9'6"))
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 (2.40 x 3.70 (7'10" x 12'1"))
Bedroom 7 (2.70 x 3.70 (8'10" 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"))
The property offers an immediate strong income stream with significant potential for rental uplift to enhance returns, while development prospects offer scope to add further value. This property presents a rare and compelling opportunity for investors.
Designed for modern shared living, the flat 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 recently renovated, fully tiled bathroom includes a shower over bath and two extra shower rooms with walk in showers. A separate WC adds extra convenience. Externally, the property benefits from a large terrace, offering valuable outdoor space and easy rear lane access for bikes and bins.
With its prime location, strong rental demand, 30+ year unbroken letting history, and excellent potential to add value, this is an outstanding opportunity for investors seeking a secure, high-performing asset in one of Jesmond’s most desirable areas.
Kitchen/Diner (4.55 x 3.60 (14'11" x 11'9"))
Bedroom 1 (3.30 x 2.60 (10'9" x 8'6"))
Bedroom 2 (3.30 x 2.40 (10'9" x 7'10"))
Bedroom 3 (2.75 x 2.90 (9'0" x 9'6"))
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 (2.40 x 3.70 (7'10" x 12'1"))
Bedroom 7 (2.70 x 3.70 (8'10" 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"))
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