Floorplan
MapProperty for sale
Features and description
- Fully Licenced HMO
- Long-established rental property, operated as a compliant HMO for 10 years
- Vacant and turn-key ready for immediate occupation
- Gross rental potential of £42,640 per annum at full occupancy
- Fire safety compliant – detectors in all rooms, fire alarm panel, and emergency lighting
- Insulated & soundproofed walls and ceilings throughout
- Sought-after Westoe location, 3 minutes from South Tyneside College and close to South Shields town centre & beaches
- EPC Rating: D
Full Property Description
6-Bedroom Fully Licensed HMO – Westoe, South Shields
An outstanding opportunity to acquire a fully licensed and compliant HMO in the sought-after area of Westoe, South Shields. This property has successfully operated as a House in Multiple Occupation for the last 10 years and is now offered vacant, fully furnished as seen, providing a true turn-key investment for a new owner.
The property is arranged to provide:
6 spacious double bedrooms, each previously achieving £105 per week
2 single bedrooms, previously let at £95 per week
A fully fitted communal kitchen, complete with appliances and utensils for immediate use
Two modern shower rooms, designed for shared living convenience
Safety and compliance are at the heart of this property:
Smoke detectors installed in every room
A fully functioning fire alarm panel
Emergency lighting certificates and full electrical testing in place
Walls and ceilings fully insulated and soundproofed, ensuring comfort and meeting all regulations
Location is key, and this property is ideally placed just a 3-minute walk from South Tyneside College, making it highly attractive to students and young professionals. South Shields is a thriving coastal town, well connected by metro and bus links to Newcastle and Sunderland, and offers a wealth of local amenities, leisure facilities, and stunning sandy beaches.
With its proven track record, prime location in Westoe, and full compliance, this property presents an excellent investment with strong ongoing rental potential.
Potential Gross Annual Rental Income (based on full occupancy):
6 x Double Rooms @ £105pw = £32,760 per year
2 x Single Rooms @ £95pw = £9,880 per year
Total Potential Income = £42,640 per year
HMO Investments – Yield Guide:
Below 8% → often seen as low for the risk and work involved
10–12% → very solid return in most UK markets
12%+ → considered excellent, especially in high-demand areas
At the asking price of £324,995, this property offers a gross yield of approx. 13.1%, positioning it firmly as an excellent HMO investment.
EPC Rating: D
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