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"Hive Estates presents this spacious upper floor five bedroom licensed HMO, located in the highly sought after area of Jesmond. Tenanted until July 2026, generating £31,200 per annum, representing a gross rental yield of 8.3%. The property offers an immediate strong income stream with significant potential for rental uplift to enhance returns.

Designed for modern shared living, the property boasts a well thought out layout, including two double bedrooms accessed off the main landing leading onto a large open plan kitchen and living area. The lounge benefits from a south facing bay window, furnished with sofas and a flat screen TV, seamlessly connecting to a fully fitted kitchen with a breakfast bar island perfect for socializing.

To the rear of the property, there are three double bedrooms, each fully furnished with a bed, desk, wardrobe, and individual wall mounted TV.

A main bathroom with modern tiling and a shower over the bath is complemented by a separate shower room and an additional WC, ensuring convenience for all tenants. Additionally, the property has a loft space which may offer further potential, subject to the necessary consents.

Externally, the property has a private rear yard and store with access to rear lane. This property is an excellent choice for investors seeking a high performing asset with a 30 year unbroken letting history, in one of Jesmond s most sought after locations

Entrance 6.30 x 1.00 20 8" x 3 3"

Kitchen Diner 5.96 x 4.00 19 6" x 13 1"

Landing 3.00 x 2.40 9 10" x 7 10"

Bedroom 1 3.20 x 2.40 10 5" x 7 10"

Bedroom 2 3.40 x 2.40 11 1" x 7 10"

Bedroom 3 2.89 x 2.35 9 5" x 7 8"

Bedroom 4 4.11 x 2.00 13 5" x 6 6"

Bedroom 5 2.90 x 2.50 9 6" x 8 2"

Hallway 9.34 x 1.08 30 7" x 3 6"

Bathroom 2.76 x 1.69 9 0" x 5 6"

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