Shortridge Terrace, Jesmond, Newcastle upon Tyne
By Hive Estates
£ 375,000
Reviews
3 out of 5 stars
Hive Estates says ..
Hive Estates presents this spacious ground floor five-bedroom licensed HMO, located in the highly sought-after area of Jesmond. Tenanted until July 2026, generating £31,200 per annum, representing a gross rental yield of 8.3%. The property offers an immediate strong income stream with significant...
Property Oracle says ..
This is a 5-bedroom flat located in the desirable area of Jesmond, Newcastle upon Tyne. The property offers ample living space at 1,026.88 sqft and includes 2 bathrooms. While the location is excellent, offering convenient access to local amenities and schools, the property’s interior could benefit from some updating. The kitchen and bathrooms, in particular, appear dated. The lack of substantial outdoor space might be a drawback for some buyers. However, the price of £375,000 seems reasonable given the location and size of the property, making it a potentially good investment for those willing to undertake some renovation work. The property retains some of its original features, adding to its traditional charm.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 8
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 1,026.88
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 287,488.00 £Decreased by 9.58 %
- Est sale value
- 448,746.56 £Increased by 65.53 %
- Average area rental value
- 1,342.00 £/moDecreased by 11.65 %
- Est letting value
- 2,053.76 £/moIncreased by 100.00 %
- Est rental Yield
- 5.60 %Decreased by 2.27 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Hive Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Catherine'S Catholic Primary School | Academy Converter | 0.56 KM | |
| Jesmond Park Academy | Academy Sponsor Led | 1.12 KM | |
| Newcastle Preparatory School | Other Independent School | 1.17 KM | |
| Ouseburn | Children's Centre Linked Site | 1.20 KM | |
| Hotspur Primary School | Foundation School | Good | 1.27 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Buston Terrace | £ 0 | 0 | 0.00 KM |
| Saint Catherines Court | £ 0 | 0 | 0.00 KM |
| St Catherines Grove | £ 0 | 0 | 0.00 KM |
| Helmsley Mews | £ 0 | 0 | 0.00 KM |
| Rosedale Terrace | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manors | 7603 | MAS | 1.92 KM |
| Newcastle | 7728 | NCL | 3.14 KM |
| Heworth | 7766 | HEW | 6.12 KM |
| Dunston | 7744 | DOT | 6.54 KM |
| Metrocentre | 7725 | MCE | 8.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Shortridge Terrace, Jesmond, Newcastle upon Tyne | £ 850,000 | BUY | 4 / 10 | 0.00 KM |
| Shortridge Terrace, Jesmond, Newcastle upon Tyne | £ 375,000 | BUY | 6 / 10 | 0.00 KM |
| Shortridge Terrace, Jesmond, Newcastle upon Tyne | £ 475,000 | BUY | 5 / 10 | 0.00 KM |
| Shortridge Terrace, Jesmond , Newcastle upon Tyne | £ 190,000 | BUY | 6 / 10 | 0.02 KM |
| Shortridge Terrace, Jesmond, Newcastle Upon Tyne, NE2 | £ 210,000 | BUY | 5 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Farquhar Street | £ 128,000 | 0.03 KM |
| 8 Farquhar Street | £ 256,000 | 0.03 KM |
| 7 Farquhar Street | £ 170,000 | 0.03 KM |
| 5 Farquhar Street | £ 165,000 | 0.03 KM |
| 3 Farquhar Street | £ 113,000 | 0.03 KM |