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Eslington Terrace, Jesmond, Newcastle Upon Tyne

PROPERTY TYPE

Terraced

BEDROOMS

15

BATHROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Four Storey mid terrace house converted into 4 apartments
  • Investors only - tenanted until summer 2025
  • Fifteen bedrooms
  • Freehold
  • Council Tax bands B & C
  • EPC C & D
  • Close to local amenities

Description

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 PARKINGMINING: 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.

Brochures

Full Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Eslington Terrace, Jesmond, Newcastle Upon Tyne

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Jesmond Metro Station0.2 miles
  • Manors Station0.7 miles
  • West Jesmond Metro Station0.8 miles
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About the agent

Rook Matthews Sayer, Jesmond

51 St. Georges Terrace, Jesmond, Newcastle Upon Tyne, NE2 2SX

Rook Matthews Sayer, Jesmond

Established in 1990, Rook Matthews Sayer are the region's leading estate agent and lettings agent.*

With a prominent high street branch network coupled with dedicated local experts ready to help you move, our approach is both personal and professional.

We aim to sell or let your home for the best possible price with our pro-active approach.

We have helped thousands of homeowners and landlords sell and let their homes in the region.

We have around 120 dedicated and pro-

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 12424278. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rook Matthews Sayer, Jesmond. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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