Terraced house for sale in Eslington Terrace, Jesmond, Newcastle Upon Tyne NE2

A five storey mid terraced property, nestled on Eslington Terrace in the desirable area of Jesmond. This property, currently split into four separate apartments, boasts an impressive fifteen bedrooms. Each apartment features a dedicated reception room, kitchen and bathroom, providing ample space for relaxation or study.

With an EPC rating of 'C' or 'D' and falling within council tax band 'C', this property balances comfort and practicality with affordability. The residence is already let out until the summer of 2025, yielding attractive rents of £125 per person per week, translating to £8,125 per calendar month for the student season of 2024/25.

The location is unrivalled, with Jesmond Metro Station, public transport links, local amenities, and schools all within easy reach. This makes it an ideal investment opportunity, providing not only a profitable rental income but also the potential for capital growth in a sought-after area.

The property’s unique feature is its versatility. Split into four apartments, it provides flexibility to cater to different tenants' needs while maximizing rental income. This, along with its long-term rental security, makes it an attractive asset for investors looking for a robust and reliable investment opportunity.

In summary, this is a substantial student accommodation property offering a lucrative investment opportunity. With its exceptional location, unique features, and strong rental history, it is poised to provide a solid return on investment.

Primary services supply

Electricity: Mains

Water: Mains

Sewerage: Mains

Heating: Gas central heating

Broadband: Fibre available

Mobile Signal Coverage Blackspot: No

Parking: No parking

mining: The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.

Flat A

Lounge - 15'5 max x 20'5 max (4.70m max x 6.22m max)

Kitchen - 14'3 x 9'7 (4.34m x 2.92m)

Bedroom 1 - 11'11 x 14'1 (3.63m x 4.29m)

Bedroom 2 - 11'9 max x 12'3 max (3.58m max x 3.73m max)

Bedroom 3 - 10'10 x 8'6 (3.30m x 2.59m)

Bedroom 4 - 8'6 x 9'9 (2.59m x 2.97m)

Flat B

Lounge/Kitchen - 13'9 x 20'6 (4.19m x 6.25m)

Bedroom 1 - 16'6 x 8'8 (5.03m x 2.64m)

Bedroom 2 - 10'9 x 9'2 (3.28m x 2.79m)

Bedroom 3 - 10'5 x 9'0 (3.18m x 2.74m)

Bedroom 4 - 9'5 max x 12'3 (2.87m max x 3.73m)

Flat C

Lounge/Kitchen - 16'8 x 13'7 (5.08m x 4.15m)

Bedroom 1 - 16'8 x 8'3 (5.08m x 2.52m)

Bedroom 2 - 9'5 x 11'4 (2.87m x 3.45m)

Bedroom 3 - 10'3 x 9'1 (3.12m x 2.77m)

Bedroom 4 - 9'8 x 12'10 (2.95m x 3.91m)

Flat D

Lounge - 13'3 x 13'2 (4.04m x 4.01m)

Kitchen - 13'8 x 8'9 (4.17m x 2.67m)

Bedroom 1 - 12'6 x 7'4 (3.81m x 2.24m)

Bedroom 2 - 13'9 x 9'2 (4.19m x 2.79m)

Bedroom 3 - 12'2 x 9'3 (3.71m x 2.82m)