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Granville Road, Jesmond, Newcastle Upon Tyne, Tyne and Wear, NE2 1TP

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

1

SIZE

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

Key features

  • 4 Bedroom Student HMO
  • Excellent investment opportunity
  • Projected rent for 26/27 £29,120
  • Sought after Jesmond location
  • Share Of Freehold

Description

Presenting an exceptional investment opportunity, this four-bedroom house on Granville Road, Newcastle Upon Tyne, is perfectly positioned within the highly sought-after Jesmond area. Offered for sale with offers over £350,000, this property is a proven student HMO, making it an ideal acquisition for discerning investors looking to expand their portfolio or enter the lucrative student rental market.


The property currently operates as a successful four-bedroom House in Multiple Occupation (HMO), a highly desirable asset in a vibrant university city like Newcastle. Its established status as a student rental ensures a consistent demand and strong occupancy rates, providing peace of mind for future landlords. For the academic year 2026/27, the property boasts a compelling projected rental income of £29,120, underscoring its robust financial viability and attractive yield potential.


Internally, the house offers four well-proportioned bedrooms, providing comfortable living spaces for student tenants. There is one main bathroom, designed to cater to the needs of multiple occupants. The property also benefits from a dedicated reception room, offering a communal area for relaxation and socialising, a key feature for student accommodation. While the property is already a successful HMO, there is scope for cosmetic enhancements to further maximise its appeal and rental value, allowing a new owner to add their personal touch and potentially increase returns even further.


Granville Road's location in Jesmond is undoubtedly one of its strongest selling points. Jesmond is renowned for its vibrant atmosphere, excellent local amenities, and superb transport links, making it a prime choice for students attending Newcastle University and Northumbria University. Residents benefit from easy access to a wide array of shops, cafes, restaurants, and bars along Osborne Road and Acorn Road. Furthermore, the property is well-served by public transport, with Jesmond Metro Station providing quick and convenient connections to the city centre and beyond.


This property represents a rare chance to acquire a high-performing asset in a premium location. With its strong rental projections and established HMO status, it offers a secure and profitable investment. Early viewing is highly recommended to fully appreciate the potential and value this property presents.
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.
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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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Granville Road, Jesmond, Newcastle Upon Tyne, Tyne and Wear, NE2 1TP

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Affordability

Monthly repayments£1,756
Property: £ 350,000
Deposit: £ 35,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Greetham Gilbert, Jesmond

25 Osborne Road, Jesmond, Newcastle Upon Tyne, NE2 2AH

Greetham Gilbert is a tech-based, forward-thinking estate agency, we are revolutionising the real estate industry by seamlessly integrating technology, innovation, and marketing excellence. We embrace cutting-edge advancements to transform the way properties are bought, sold, and showcased. Through our forward-thinking approach, we leverage the power of data analytics, and artificial intelligence to provide unparalleled insights and experiences for our clients. Our editorial standard marketing ensures that every property we represent receives strategic and targeted promotion across various channels, captivating potential clients and maximising exposure. With our tech-driven mindset, we constantly adapt and evolve to stay ahead of industry trends, delivering exceptional results and surpassing expectations. Experience the future of real estate with our visionary team, where technology meets innovation and marketing excellence to redefine the way properties are bought, sold and let.

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Disclaimer - Property reference GRT_GRT_LFSYCL_815_991560423. 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 Greetham Gilbert, 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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