Ocean Road, South Shields

OPEN HOUSE TUESDAY 28TH ! PLEASE CALL TO REGISTER

FOR SALE BY WAY OF ONLINE AUCTION - ON 30TH OCTOBER 2025 Terms and Conditions apply. See Agents Property Auctions Website for full details.

Fantastic Investment Opportunity - 7 Room HMO All with their own private bathrooms/ Guest House, South Shields
Don'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. Guests and tenants are within walking distance of South Shields' most popular attractions, including Ocean Road's lively restaurants, South Shields Town Centre, the stunning coastline, and both North and South Marine Parks.

The seller has confirmed that all key compliance documents are in place, including the Energy Performance Certificate, CP12 Gas Safety Certificate, 5 year EICR electrical, PAT Certificate with all items tested, Fire Extinguisher and Fire Detection Test Certificates. The HMO licence renewal is currently in progress, and a decision notice confirms planning permission for change of use. We have been advised that the property currently generates a gross rental income of £3,559 per calendar month (£42,708 per annum). Rents have not been increased for over two and a half years, offering clear potential for growth.

Call now to arrange a viewing or attend our open house, opportunities like this don't come along often!
COMMUNAL AREAS

COMMUNAL HALLWAY

ROOM ONE

ROOM TWO

ROOM THREE

ROOM FOUR

ROOM FIVE

ROOM SIX

ROOM SEVEN

Tenure
We have been informed the property is Freehold.

We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Marketing Disclaimer
Please note, all information in the main description has been provided by the seller. Prospective buyers are advised to carry out their own due diligence and verify all details independently.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 16 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE33 2JJ and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: DELETED
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: D