7 Bedroom Hotel

OPEN HOUSE SATURDAY 18TH OF OCTOBER AT 11:15AM ! PLEASE CALL TO REGISTER YOUR INTEREST!

Fantastic Investment Opportunity – 7 Room HMO / Previous 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, 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!

AGENT NOTE
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.

Property details provided by Andrew Craig
EPC rating: D
Council Tax Band: N/A
Tenure: Freehold

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 30 October 2025 OPTION 2

COMMUNAL AREAS

COMMUNAL HALLWAY

ROOM ONE

ROOM TWO

ROOM THREE

ROOM FOUR

ROOM FIVE

ROOM SEVEN

ROOM EIGHT

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by AC. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

Disclaimer 4
We are advised by the seller that the property has mains provided gas, electricity, water (very low risk of surface water flooding) and sewerage.

The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.

Ofcom website states the average broadband download speed of 16Mbps and the fastest package of 1000Mbps at this postcode: NE33 2JJ and mobile coverage is provided by EE (good), Three (good), 02 (variable indoor and good outdoor) and Vodaphone (variable indoor and good outdoor).