Turnkey HMO income in a prime student neighbourhood with upgrade potential.
Tenanted HMO producing £37,700pa until July 2026
Freehold five-bedroom maisonette with high ceilings and bay window
Two bathrooms; five double bedrooms suited to shared living
EPC D; solid brick walls assumed without insulation (energy upgrade potential)
Double glazing fitted before 2002; mains gas boiler and radiators
On-street permit parking only; no private parking
Located in a high-crime, cosmopolitan student neighbourhood
Sold as income-producing; limited immediate vacant-possession options
This five-bedroom HMO maisonette is offered as a tenanted, income-producing freehold in a popular Jesmond location. Currently let until July 2026 and generating £37,700pa, it presents an immediate, turn-key investment with established rental income and strong student demand nearby.
The accommodation occupies upper floors of a Victorian mid-terrace and retains period character including high ceilings and a bay-windowed bedroom. The layout includes five double bedrooms, two bathrooms and a naturally bright kitchen. Services are mains gas central heating, fibre broadband and double glazing (installed before 2002).
Practical points for investors: the property has an EPC rating of D and solid brick walls assumed without insulation, so energy-efficiency works could reduce running costs and improve appeal. On-street permit parking and a city-centre, high-crime classification are factual location considerations for future management. Tenancy security to mid-2026 delivers income now but limits immediate vacant possession options.
Overall this maisonette suits investors seeking a reliable HMO income in a cosmopolitan student neighbourhood, with scope to boost value through measured energy upgrades and ongoing management. Note the the property is sold freehold and council tax band C.
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