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COMMERCIAL

Westoe Road, South Shields, Tyne and Wear, NE33

Offers in Region of
£299,995
Browns Estate Agents, South Shields
PROPERTY TYPE

Commercial Property

BEDROOMS

6

BATHROOMS

2

SIZE

Ask agent

Key features

  • 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

Description

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

Energy Performance Certificates

EPC 1

Westoe Road, South Shields, Tyne and Wear, NE33

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chichester Metro Station0.4 miles
  • South Shields Metro Station0.6 miles
  • Tyne Dock Metro Station1.2 miles

About Browns Estate Agents, South Shields

9 Dean Road, South Shields, NE33 3PS
Industry affiliations:Industry affiliation logo 0

Browns Estate Agents is a multi-award-winning family-run agency that seamlessly blends traditional estate agency values with cutting-edge technology to deliver exceptional service to our clients. With a strong reputation built over years of dedicated service, we specialize in both sales and lettings, providing comprehensive financial and conveyancing services to meet all your property needs.

Our agency has featured prominently on the popular property TV show Homes Under The Hammer, underscoring our industry expertise and success. Most recently, we were honored with an award recognizing our leadership in adopting advanced technologies within the estate agency sector.

At Browns Estate Agents, we pride ourselves on offering a bespoke service tailored to each client's unique requirements. Whether you are buying, selling, or letting, we provide a range of price options and services to accommodate diverse needs and budgets. Our team consists of fully qualified professionals with expertise in sales, lettings, and customer service, all of whom are driven by enthusiasm and a commitment to excellence.

Experience our elite service firsthand-we look forward to partnering with you on your property journey.

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Disclaimer - Property reference BRW_BRW_LFSYCL_647_836425349. 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 Browns Estate Agents, South Shields. 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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