“Smart Investors Start Here – 9-Bed HMO with Strong Returns.”
84 Dean Road, South Shields, NE33 4AR
9 Bedroom HMO Investment | High Yield Potential | Unconditional Auction
An excellent opportunity to acquire a substantial 9-bedroom House in Multiple Occupation (HMO) situated within a well-established residential area of South Shields, offering strong rental demand and excellent investment potential.
This large mid-terraced property has been configured to provide nine letting rooms with communal facilities, making it an attractive addition to a landlord’s portfolio with the potential for multiple income streams and strong gross yield.
The property is ideally positioned within close proximity to South Shields town centre, transport links, local amenities and the coastline, further supporting its appeal to professional tenants, contractors and students.
Early interest is expected from HMO investors and portfolio landlords seeking high-yield opportunities.
Property Accommodation
The property briefly comprises:
• Nine letting bedrooms
• Communal lounge area
• Fitted kitchen
• Shared bathroom facilities
• Rear yard
The layout provides generous accommodation across multiple floors and has been arranged to maximise rental potential.
Location
Dean Road is a well-established residential location within South Shields and benefits from convenient access to:
• South Shields Town Centre
• South Shields Metro Station (direct links to Newcastle)
• South Tyneside College
• Local shops and supermarkets
• The South Shields coastline and seafront
The area has consistent demand for shared accommodation, particularly from working professionals and students.
Investment Opportunity
Large HMOs in this area can generate strong rental returns compared with traditional single-let investments.
Benefits include:
• Multiple rental income streams
• Reduced void risk
• Strong tenant demand
• Attractive yield potential
Rental figures and further information can be provided upon request.
Auction Information
This property is offered for sale via Unconditional Online Auction.
On the fall of the hammer, the successful bidder will exchange contracts immediately and will be required to pay the deposit and buyer’s premium. Completion will take place within the timeframe specified in the legal pack, typically 28 days.
Interested parties are strongly advised to register for the auction and review the legal pack prior to bidding.
Important Notice – Unconditional Auction
This property is offered for sale by Town & Country Property Auctions North East via Unconditional Auction.
By placing a bid, you are legally committing to purchase the property if your bid is successful. Exchange of contracts takes place immediately upon the fall of the hammer and the buyer will be required to pay the applicable deposit and fees.
Prospective purchasers must carry out all necessary due diligence, including viewing the property, reviewing the legal pack, and obtaining independent legal advice prior to bidding.
The property is sold as seen and in its current condition. No warranties or guarantees are provided in respect of the condition of the property or the accuracy of information provided.
All information is provided for guidance purposes only and should be independently verified.
Freehold
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
For Sale by Unconditional Auction – 28 Day Completion
High Yield Potential with Multiple Income Streams
9 Bedroom HMO Investment Opportunity
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* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.
All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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