Summary - 64, Shortridge Terrace NE2 2JH
5 bed 2 bath Flat
Five-bed licensed HMO in Jesmond — secure income now with clear uplift potential.
Licensed five-bedroom HMO producing £31,200pa (fully tenanted until July 2026)
Gross rental yield approximately 8.3%
Five double bedrooms furnished with bed, desk and storage
Large open-plan kitchen/living with south-facing bay window
Main bathroom, separate shower room plus additional WC
Rear yard and store with rear lane access
Compact overall footprint for five-bed HMO; some bedrooms small
Walls assumed cavity with no added insulation; refurbishment potential
A ground-floor, five-bedroom licensed HMO in Jesmond offered with a secure income stream: fully tenanted until July 2026 and currently producing £31,200 per year (gross yield ~8.3%). The layout is designed for shared living, with five furnished double bedrooms, a large open-plan kitchen/living space with a south-facing bay window, and multiple shower/WC facilities to maximise tenant convenience and occupancy.
The property sits in a highly desirable, cosmopolitan student neighbourhood close to parks and good schools, supported by a long, unbroken letting history of 30+ years. Practical assets include a rear yard and store with lane access, mains gas central heating, double glazing installed post-2002, and an HMO licence in place—making this a move-in income asset for landlords.
Material considerations: the internal footprint is compact for a five-bedroom HMO (total ~1,027 sq ft) with some bedrooms notably small; buyers should allow for standard HMO wear-and-tear and potential refurbishment to realise rental uplift. Walls are assumed to be original cavity construction with no added insulation (energy improvements may be beneficial). The property is sold freehold and carries average local crime statistics but benefits from excellent mobile signal and fast broadband—important for student/young-professional tenants.
Overall, this is a purpose-built income property aimed at investors seeking an immediately let, well-located HMO with clear opportunities to increase returns through modest refurbishment and rent review once current tenancy terms allow.
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