Established 8-Unit HMO Investment with £28,000+ Potential Annual Income
6-Bedroom HMO with 2 Self-Contained Flats – Stockton-on-Tees
A compelling opportunity to acquire a well-configured, income-producing HMO investment in the heart of Stockton-on-Tees, offering multiple income streams and excellent potential for investors seeking an established rental property with further upside through full occupancy.
16 Shaftesbury Street is configured as a substantial 8-room/unit investment, comprising 6 HMO bedrooms with shared communal facilities alongside 2 self-contained one-bedroom flats. This diversified layout provides multiple sources of rental income, reducing reliance on any single tenancy while appealing to a broad range of tenants.
Income & Investment Potential
The property is currently generating £1,645.66 per calendar month, reflecting a number of vacant rooms at present.
When fully occupied, the property is expected to generate approximately £2,335.66 per calendar month, equating to approximately £28,027.92 per annum.
This provides an investor with the opportunity to acquire an established income-producing property with scope to increase rental income through the letting of the currently vacant rooms.
Property Configuration
The property comprises:
6 individual HMO bedrooms with access to shared communal facilities
2 self-contained one-bedroom flats
8 rooms/units in total
Multiple independent rental income streams
Existing rental income with further potential through full occupancy
The combination of traditional HMO accommodation and self-contained flats creates a flexible rental model, appealing to both shared accommodation tenants and those seeking independent living.
Investment Opportunity
The property is particularly suited to:
HMO and property investors
Portfolio landlords looking to expand their rental holdings
Investors seeking multiple rental income streams
Buyers looking for an established investment with potential to increase income
Experienced landlords seeking an opportunity in the Stockton-on-Tees rental market
With several rooms already producing rental income and additional rooms currently available to let, the property offers the potential for an incoming investor to increase monthly revenue through improved occupancy.
Location
Situated on Shaftesbury Street, Stockton-on-Tees, the property benefits from a location where demand for affordable rental accommodation remains an important part of the local market.
The combination of HMO rooms and self-contained accommodation provides flexibility to cater for different tenant requirements, while the property's existing rental setup allows an investor to continue operating the accommodation as an established income-producing asset.
Investment Highlights
6-bedroom HMO
2 self-contained one-bedroom flats
8 rooms/units in total
Current rental income of £1,645.66 pcm
Potential fully occupied income of approximately £2,335.66 pcm
Potential annual income of approximately £28,027.92
Multiple independent income streams
Existing rental operation
Scope to increase income through full occupancy
Suitable for both experienced and expanding property investors
Located in Stockton-on-Tees
Summary
16 Shaftesbury Street represents an attractive opportunity to acquire an established 6-bedroom HMO with 2 self-contained one-bedroom flats, providing 8 rooms/units in total.
With current income of £1,645.66 pcm and the potential to generate approximately £2,335.66 pcm when fully occupied, the property offers an investor the opportunity to acquire an established rental asset with further income potential.
The combination of HMO accommodation and self-contained flats provides diversified rental income and flexibility, making this an interesting addition to an existing property portfolio or an opportunity for an investor looking to enter or expand within the HMO sector.
Town & Country Property Auctions North East has not inspected all parts of the property and has relied upon information provided by the vendor and third parties. No warranties or representations are given regarding the condition, suitability or compliance of the property. All information, including the ground rent, absence of a service charge and parking arrangements, is provided for guidance only and must be independently verified by prospective purchasers and their professional advisers.
Important Notice & Disclaimer:
The property is offered for sale by Unconditional Auction. Buyers must carry out their own inspections, surveys, searches and legal due diligence prior to bidding.
Town & Country Property Auctions North East has not inspected all parts of the property and has relied on information provided by the vendor and third parties. No warranties or representations are given as to the condition, suitability or compliance of the property. All information is provided for guidance only and must be independently verified by prospective purchasers and their professional advisers.
Freehold
Each Lot is sold in its existing condition and state of repair. Buyers are deemed to have inspected the Property and satisfied themselves as to its condition, structure and suitability prior to bidding. Town & Country Property Auctions gives no warranty or guarantee as to the condition, structure, construction, repair or suitability of any Property, or the working order of any fixtures, fittings, services, heating systems or appliances included in the sale. No objection, claim or recourse shall be made against Town & Country Property Auctions in respect of these matters. Purchasers requiring mortgage finance or other funding are advised to arrange this prior to the auction and should satisfy themselves that the Property meets their lender's requirements. Material information relating to the Property will be provided within the Legal Pack. To download the Legal Pack, please visit tcpa.co.uk.
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.
6-Bedroom HMO + 2 Self-Contained Flats
£1,645.66 pcm Current Income | £2,335.66 pcm When Fully Occupied
Established Investment with Further Rental Income Potential
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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.
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