Shortridge Terrace, Jesmond, Newcastle upon Tyne
HI

Shortridge Terrace, Jesmond, Newcastle upon Tyne

By Hive Estates

£ 475,000

Reviews

2 out of 5 stars

Hive Estates says ..

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 str...

Property Oracle says ..

This is a 7-bedroom maisonette located in the desirable area of Jesmond, Newcastle upon Tyne. The property offers ample living space and is situated in a convenient location close to schools and transport links. While the property requires some modernisation, it presents a good opportunity for buyers looking to put their own stamp on a home in a sought-after area. The lack of a substantial garden may be a drawback for some, but the outdoor terrace provides a small outdoor space. Overall, this property offers good value for money given its size and location, but potential buyers should be prepared to invest in renovations to bring it up to modern standards. The property is ideally suited to families or investors looking for a property with high rental potential.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
8
Land
3
Bedrooms
7
Bathrooms
3

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 %
from 317,935.00 £
Average area rental value
1,342.00 £/mo
Decreased by 11.65 %
from 1,519.00 £/mo
Est rental Yield
5.60 %
Decreased by 2.27 %
from 5.73 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Hive Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
St Catherine'S Catholic Primary SchoolAcademy Converter0.56 KM
Jesmond Park AcademyAcademy Sponsor Led1.12 KM
Newcastle Preparatory SchoolOther Independent School1.18 KM
OuseburnChildren's Centre Linked Site1.20 KM
Hotspur Primary SchoolFoundation SchoolGood1.27 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Buston Terrace £ 000.00 KM
Saint Catherines Court £ 000.00 KM
St Catherines Grove £ 000.00 KM
Helmsley Mews £ 000.00 KM
Rosedale Terrace £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS1.92 KM
Newcastle7728NCL3.15 KM
Heworth7766HEW6.12 KM
Dunston7744DOT6.54 KM
Metrocentre7725MCE8.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Shortridge Terrace, Jesmond, Newcastle upon Tyne £ 475,000BUY5 / 100.00 KM
Shortridge Terrace, Jesmond, Newcastle upon Tyne £ 850,000BUY4 / 100.00 KM
Shortridge Terrace, Jesmond, Newcastle upon Tyne £ 375,000BUY6 / 100.00 KM
Shortridge Terrace, Jesmond , Newcastle upon Tyne £ 190,000BUY6 / 100.01 KM
Shortridge Terrace, Jesmond, Newcastle Upon Tyne, NE2 £ 210,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
8 Farquhar Street £ 256,0000.03 KM
5 Farquhar Street £ 165,0000.03 KM
7 Farquhar Street £ 170,0000.03 KM
1 Farquhar Street £ 128,0000.03 KM
3 Farquhar Street £ 113,0000.03 KM