6 bed terraced house

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6 bed terraced house

Westoe Road, South Shields, Tyne And Wear NE33
£299,995

Price History

Initial price £324,995
28/10/25 £299,995
Price Change -7.69%

Description

This 8-bedroom fully licensed HMO in Westoe, South Shields, offers a lucrative investment opportunity with a potential annual income of £42,640 and a 13.1% yield. The property has been successfully operating as a HMO for the last 10 years and is now available vacant and fully furnished, providing a turn-key investment for a new owner. The property features six spacious double bedrooms, two single bedrooms, a fully fitted communal kitchen, and two modern shower rooms, all designed for shared living convenience. With a focus on safety and compliance, the property is equipped with smoke detectors, a fully functioning fire alarm panel, emergency lighting, and full electrical testing. This is an outstanding opportunity for an investor to acquire a well-established and compliant HMO in a sought-after area.