Turnkey income-producing Victorian terrace in a sought-after student neighbourhood.
8 bedrooms across three floors, currently operating as a licensed HMO
Three bathrooms; communal lounge and well-equipped kitchen/diner
Current income £155 pppw (£64,480 pa) to 03/07/2026
Income rises to £167.50 pppw (£69,680 pa) from 04/07/2026; tenanted until summer 2027
Freehold with EPC rating C and gas central heating
Small private courtyard; no off-street parking (on-street permit)
Victorian solid-brick fabric; likely no cavity insulation—upgrade potential/cost
Mining search advised for the region; factor into conveyancing
A substantial, turnkey HMO in the heart of Jesmond, offered freehold and operating with full Newcastle City Council accreditation. Spread across three floors, the period property delivers eight lettable bedrooms, three bathrooms and over 2,195 sq ft of living space — designed for immediate rental returns without major works. EPC C and gas central heating support efficient running costs for an HMO operation.
The property is let to provide an immediate income of £155 per person per week (£64,480 pa) until 03/07/2026, rising to £167.50 pppw (£69,680 pa) from 04/07/2026. Tenancies are secured through summer 2027, making this attractive to investors seeking stable cashflow and minimal downtime. Its Jesmond location is popular with students and professionals and sits within walking distance of West Jesmond Metro and local amenities.
Practical considerations are stated plainly: parking is on-street with permit restrictions, outside space is a small private courtyard rather than a garden, and the property is a solid-brick Victorian build (likely without cavity-wall insulation). A mining search is recommended for the region. These are manageable for an investor but should be factored into running costs and any future refurbishment planning.
Overall, this is an HMO-ready, income-producing Victorian terrace in a high-demand student neighbourhood. It suits investors who want immediate revenue from a compliant, well-located asset, while those planning energy-efficiency upgrades should budget for wall insulation works and potential permission searches.
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