Eslington Terrace, Jesmond, Newcastle Upon Tyne

£1,235,000
Eslington Terrace 10 Newcastle Upon Tyne NE2 4RJ UK
Eslington Terrace, Jesmond, Newcastle Upon Tyne
Eslington Terrace 10 Newcastle Upon Tyne NE2 4RJ UK
  • £1,235,000

Features

  • 15
  • 4
  • 4
  • Close To Local Amenities
  • Council Tax bands B & C
  • EPC C & D
  • Fifteen bedrooms
  • Four Storey mid terrace house converted into 4 apartments
  • Freehold
  • Investors only - tenanted until summer 2025

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 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)

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)

Downloads

Property Documents

Energy Performance Certificate

Overview

  • Fine Living Property, Residential, Sale
  • Property Type
  • 15
  • Bedrooms
  • 4
  • Bathrooms

Compare listings

Compare

Free Valuation

Our team of specialists will advise you on the real value of your property. Click here. You will be redirected to a third party website.

Previous Next
Close
Test Caption
Test Description goes like this

Register on our database

If you are looking to buy a property, register your details here.

We will send you properties that match your requirements as soon as they come to market. Direct to your inbox.

By submitting the data capture form, you acknowledge that your data will be processed by Rook Matthews Sayer for the purposes of providing the service and/or product you have requested. Full details of how we may process your data further can be found in our Privacy Notice on our website.

    Arrange a Viewing

    Simply fill in the form below.