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SOLD STC

St George's Terrace, Jesmond, Newcastle Upon Tyne

PROPERTY TYPE

Terraced

BEDROOMS

7

BATHROOMS

3

SIZE

2,888 sq ft

268 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 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%

Description

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 2026, 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") -

Brochures

St George's Terrace, Jesmond, Newcastle Upon TyneBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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St George's Terrace, Jesmond, Newcastle Upon Tyne

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About Hive Estates, Newcastle upon Tyne

1 Starbeck Avenue Sandyford Newcastle Upon Tyne NE2 1RH

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.

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Disclaimer - Property reference 33794058. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hive Estates, Newcastle upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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