Shortridge Terrace, Jesmond, Newcastle upon Tyne
By Hive Estates
£ 325,000
Reviews
3 out of 5 stars
Hive Estates says ..
Hive Estates presents this fantastic four-bedroom ground floor licenced HMO, ideally located in the highly sought-after area of Jesmond. Tenanted until August 2026, the property currently generates £25,600 per annum representing a gross yield of 7.9%. The property offers an immediate str...
Property Oracle says ..
This four-bedroom flat is situated in the desirable Jesmond area of Newcastle upon Tyne. The property benefits from a modern fitted kitchen and a recently updated bathroom. While the bedrooms are smaller, they are functional and well-presented. The external space is limited to a small yard with a garage, which is a common feature in this type of property in this area. Jesmond is known for its excellent schools and convenient location, with good transport links to the city centre. However, the average price per square foot in the area is significantly higher than that of the subject property. This suggests that the list price may represent good value for money, especially considering the current market conditions.
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
- 8
- Location
- 9
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 518.76
- Lot (est)
- 992.60
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
- 226,698.12 £Increased by 65.53 %
- Average area rental value
- 1,342.00 £/moDecreased by 11.65 %
- Est letting value
- 1,037.52 £/moIncreased by 100.00 %
- Est rental Yield
- 5.60 %Decreased by 2.27 %
- Crime Rate
- 9.00 %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 | 0.61 KM | |
| Newcastle Preparatory School | Other Independent School | 1.10 KM | |
| Jesmond Park Academy | Academy Sponsor Led | 1.19 KM | |
| Royal Grammar School | Other Independent School | 1.23 KM | |
| West Jesmond Primary School | Foundation School | Outstanding | 1.24 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Buston Terrace | £ 0 | 0 | 0.00 KM |
| St Catherines Grove | £ 0 | 0 | 0.00 KM |
| Saint Catherines Court | £ 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 | 1.89 KM |
| Newcastle | 7728 | NCL | 3.09 KM |
| Heworth | 7766 | HEW | 6.19 KM |
| Dunston | 7744 | DOT | 6.48 KM |
| Metrocentre | 7725 | MCE | 8.19 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Shortridge Terrace, Jesmond, Newcastle upon Tyne | £ 325,000 | BUY | 6 / 10 | 0.00 KM |
| Shortridge Terrace, Jesmond, Newcastle upon Tyne | £ 700,000 | BUY | 6 / 10 | 0.00 KM |
| Shortridge Terrace, Jesmond, Newcastle upon Tyne | £ 375,000 | BUY | 7 / 10 | 0.00 KM |
| Shortridge Terrace, Newcastle upon Tyne, Tyne and Wear, NE2 | £ 185,000 | BUY | 6 / 10 | 0.01 KM |
| Shortridge Terrace, Newcastle upon Tyne, Tyne and Wear, NE2 | £ 195,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 112 Shortridge Terrace | £ 220,000 | 0.01 KM |
| 137 Shortridge Terrace | £ 195,000 | 0.01 KM |
| 123 Shortridge Terrace | £ 192,000 | 0.01 KM |
| 78 Shortridge Terrace | £ 163,000 | 0.01 KM |
| 66 Shortridge Terrace | £ 150,000 | 0.01 KM |