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Ocean Road, South Shields 7 bed end of terrace house for sale
Ocean Road, South Shields
£350,000
Ocean Road, South Shields
£350,000
Our Summary
- FOR SALE BY WAY OF ONLINE AUCTION - ON 11TH OF DECEMBER 2025- Terms and Conditions apply
- Fantastic Investment Opportunity - 7 Room HMO All with their own private bathrooms/ Guest House, South ShieldsDon't miss out on this fantastic investment opportunity to purchase a well presented HMO property via auction
- Perfectly located on Ocean Road, this property offers excellent long term potential and consistent rental returns
- The HMO licence renewal is currently in progress, and a decision notice confirms planning permission for change of use
- Rents have not been increased for over two and a half years, offering clear potential for growth
- Fantastic Investment Opportunity - Sure To Be In Demand
Description
This fantastic investment opportunity is a 7-room HMO guest house located on Ocean Road in South Shields, within walking distance to popular attractions, restaurants, and the coastline. The property has all the necessary compliance documents in place, including an HMO licence renewal in progress, and currently generates a gross rental income of £3,559 per month (£42,708 per annum). Rents have not been increased for over two and a half years, offering clear potential for growth. The property is freehold and has been well-presented, making it an excellent opportunity for investors looking for a consistent rental return. With its central location and potential for growth, this property won't be on the market for long, so it's essential to arrange a viewing or attend the open house to secure this fantastic investment opportunity.