>
12 bedroom end of terrace house for sale
Shortridge Terrace, Jesmond, Newcastle Upon Tyne NE2
£850,000
Shortridge Terrace, Jesmond, Newcastle Upon Tyne NE2
£850,000
Our Summary
- End-of-terrace property with dual street frontage, which could present potential for future development, subject to consents
Description
Hive Estates presents a rare opportunity to acquire a pair of Tyneside flats in Jesmond, offering a combined 12 bedrooms. The property is fully licensed as a HMO and generates a total of £73,056 per annum, reflecting a combined gross yield of 8.59%. The 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, while the ground-floor flat has a large open-plan kitchen and living area with a south-facing bay window. Both flats have private rear yards with rear lane access, offering convenient space for bike and bin storage. The property's dual street frontage presents 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.