Established student HMO with immediate income and upgrade potential for investors.
- Freehold three-storey HMO with eight double bedrooms
- Secure tenancies producing £70,720pa rising to £79,040pa
- EPC rating D; energy efficiency improvement likely needed
- Solid brick walls assumed uninsulated; retrofit potential
- Small overall internal size (c.883 sq ft) and compact plot
- Single garage and rear yard for storage or tenant use
- Council Tax Band E and short-term maintenance considerations
- Licensed HMO in a prime student-digs location, NE2 postcode
A substantial three-storey, eight-bedroom mid-terrace on a corner plot in Jesmond, presented as a fully licensed HMO and sold freehold. The property is currently fully let to students with secure contracts in place until summer 2027, producing £70,720pa rising to £79,040pa from July 2026. That established income and the NE2 location make it a straightforward buy-to-let investment for landlords targeting student demand.
Accommodation includes eight double bedrooms, three bathrooms, an open-plan reception flowing into a modern kitchen, and a rear yard. Many rooms have period features such as bay windows and fireplaces, and the house benefits from double glazing, mains gas central heating and a single garage for storage or parking. The compact plot and overall internal size (c.883 sq ft) reflect the urban, student-digs character of the area.
Notable practical points: the EPC is D and the property’s solid brick walls are assumed uninsulated, so energy-efficiency upgrades could be needed to cut running costs or improve the EPC rating. Council Tax Band E applies and maintenance or refurbishment may be required over time to retain strong HMO performance. Buyers should note the tenancy income profile is fixed until summer 2027 and planned rent increases from July 2026 are already reflected in projections.
For an investor seeking long-term, low-vacancy student rental in a cosmopolitan neighbourhood, this house offers immediate cashflow, HMO licensing in place, and planning potential through managed refurbishment. Survey and conveyancing checks (including mining history confirmation) are recommended prior to purchase.
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