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For sale
£450,000Offers over

Glenthorn Road, Jesmond, Newcastle Upon Tyne, NE2 3HJ

5bedrooms
2bathrooms
Maisonettetype
1,248sq ft
Share of Freeholdtenure

Listed 2 Sept 2026 · Newcastle upon Tyne

How the price compares

This home£450,000£361 per sq ft
Median 5 bed in Newcastle upon Tyne£535k19 homes listed · £298 per sq ft
Difference-16%below the area median

Key features

  • Five bedroom maisonette in sought after West Jesmond
  • Tenants in situ providing immediate rental income
  • £40,299.60 annual rental income
  • Impressive 8.95% gross rental yield
  • Modern, well maintained accommodation throughout
  • Spacious living room with built-in storage
  • Generous fitted kitchen with integrated appliances
  • Five well sized furnished bedrooms
  • Two bathrooms with walk in showers
  • Excellent transport links with West Jesmond Metro nearby

About this home

Hive Estates are delighted to present to the market this excellent five-bedroom maisonette on Glenthorn Road, West Jesmond, offering an attractive investment opportunity with tenants already in situ. Currently generating an annual rental income of £40,299.60, the property achieves an impressive 8.95% gross rental yield, making it an appealing addition to any investment portfolio.

Presented to a modern standard throughout, the property offers well maintained and practical accommodation ideally suited to the rental market. The spacious living room provides an excellent communal area and benefits from useful built in storage, while the generous kitchen is fitted with beige cabinetry, complementary worktops, herringbone-effect flooring and a range of integrated appliances. Five well proportioned bedrooms are furnished and finished in neutral tones with soft carpeting throughout. Two bathrooms provide excellent convenience for tenants, each fitted with a walk in shower enclosure, wash hand basin and WC.

Externally, the property benefits from access to a shared rear yard. Its location is particularly well suited to the rental market, with West Jesmond Metro Station and excellent bus links within easy reach. Jesmond's popular selection of shops, bars, restaurants and amenities is also just a short walk away. With tenants in situ, strong rental income and an attractive 8.48% gross yield, this represents an excellent turnkey investment opportunity in a consistently popular rental location.

Lounge/Diner - 4.55 x 4.00 (14'11" x 13'1") -

Kitchen - 2.75 x 2.60 (9'0" x 8'6") -

Bedroom 1 - 4.30 x 4.00 (14'1" x 13'1") -

Bedroom 2 - 3.00 x 2.60 (9'10" x 8'6") -

Bedroom 3 - 3.35 x 2.60 (10'11" x 8'6") -

Bedroom 4 - 3.20 x 4.20 (10'5" x 13'9" ) -

Bedroom 5 - 2.81 x 4.20 (9'2" x 13'9") -

Shower Room 1 - 2.20 x 1.70 (7'2" x 5'6") -

Shoer Room 2 - 1.94 x 2.00 (6'4" x 6'6") -

Property details

Property type
Maisonette
Size
1,248 sq ft / 116 sq m
Council tax band
C
Tenure
Share of Freehold
Lease remaining
999 years left
Garden
Yes

Floorplan

Glenthorn Road, Jesmond, Newcastle Tyne.jpg

Location

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  • West Jesmond Metro Station0.1 mi
  • Iford Road Tram Stop0.4 mi
  • South Gosforth Metro Station0.6 mi

What nearby homes sold for

Median sold prices in NE2 over the last 12 months: flat £210k · terraced £391k · semi-detached £625k · detached £1.27m.

AddressTypeSoldPrice
116 Glenthorn Road
Newcastle Upon Tyne NE2 3HJ
Flat
Leasehold
21 Aug 2026£360,000
84 Glenthorn Road
Newcastle Upon Tyne NE2 3HN
Terraced
Freehold
3 Aug 2026£210,000
68 Glenthorn Road
Newcastle Upon Tyne NE2 3HN
Flat
Leasehold
20 Jul 2026£225,000
9 Glenthorn Road
Newcastle Upon Tyne NE2 3HL
Other
Freehold
17 Apr 2026£485,000
90 Glenthorn Road
Newcastle Upon Tyne NE2 3HJ
Flat
Leasehold
31 Oct 2025£170,000
57 Glenthorn Road
Newcastle Upon Tyne NE2 3HL
Terraced
Leasehold
9 May 2025£165,000
111 Glenthorn Road
Newcastle Upon Tyne NE2 3HJ
Flat
Freehold
31 Mar 2025£175,000
126 Glenthorn Road
Newcastle Upon Tyne NE2 3HJ
Flat
Leasehold
2 Dec 2024£180,000
34 Glenthorn Road
Newcastle Upon Tyne NE2 3HN
Terraced
Leasehold
8 Nov 2024£190,000
42 Glenthorn Road
Newcastle Upon Tyne NE2 3HN
Flat
Leasehold
28 Oct 2024£220,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE2

Buying costs

Monthly repayment£2,251£45,000 deposit · £405,000 loan
Stamp Duty£12,500England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Hive Estates, Newcastle upon Tyne on Rightmove (original listing). First listed 2 Sept 2026; details checked 7 Nov 2026. Latest change: added on 02/09/2026.

Agent disclaimer

Disclaimer - Property reference 34906021. 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 Hive Estates, Newcastle upon Tyne. 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.

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