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Guide price
£340,000

6 bedroom house of multiple occupation for sale

London Road, Newcastle ST5
Added today
House of multiple occupation
6 beds
6 baths
1658
EPC rating: C
Added today

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Please quote REF: AM1295 for all enquiries
  • Excellent 6-bedroom HMO investment
  • Prime location near Royal Stoke University Hospital
  • Developed to a high standard in 2021
  • 5 en-suite studios with kitchenettes
  • Additional en-suite bedroom
  • Gross income of £43,000 per annum
  • 11.94% gross yield
  • Fully managed, hands-off investment

Please quote REF: AM1295 for all enquiries

A fully licensed excellent 6-bedroom HMO investment opportunity, ideally located in Newcastle-under-Lyme, just 0.3 miles from the Royal Stoke University Hospital. This prime positioning has ensured consistently high occupancy levels, with strong demand from NHS professionals.

The property was developed in 2021 to a high standard by reputable local developers and has been carefully designed to maximise rental appeal and long-term performance. The accommodation comprises five self-contained studio rooms, each with en-suite shower rooms and kitchenettes, along with one additional en-suite bedroom. A modern communal kitchen/diner provides further functionality and tenant convenience.

Currently producing a gross income of £43,000 per annum, the property offers an attractive gross yield of 11.94%, making it a compelling, income-focused investment. The asset is professionally managed by a local managing agent, allowing for a truly hands-off investment from day one.

With strong fundamentals, proven rental performance, and a location driven by year-round tenant demand, this HMO represents a low-risk addition to any residential investment portfolio. Full financial details are available on request.

Area statistics

Crime score
Low crime
3/10

About this agent

eXp UK - London
eXp UK - London
114 St. Martin's Lane London, England WC2N 4BE
020 3641 0463
Full profileProperty listings
eXp UK are the newest estate agency business, powering individual agents around the UK to provide a personal service and experience to help get you moved. Here are the top 7 things you need to know when moving home: Get your house valued by 3 different agents before you put it on the market Don't pick the agent that values it the highest, without evidence of other properties sold in the same area It's always best to put your house on the market before you find a property The estate agent acts for the seller and is there to get the seller the best price possible Understand the length of time it can take - 14 weeks from when you accept an offer, or have an offer accepted to move in! A long time! It can get stressful, but speak to your agent and your solicitor and they will put you in the picture Be nice to estate agents - we're pretty nice people, offer some great advice and will help to get you moved.
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