3-bedroom house · NE33 2DP
Sold STCListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Pollard Street, South Shields – High-Yield 6-Bed HMO Investment Opportunity** An exciting investment opportunity in a **prime South Shields location**, offering significant potential for investors looking for a high-yielding HMO project.
The property is **currently configured as a residential property**, with **planning permission already granted for conversion into a 6-bedroom HMO**, removing a major hurdle for the incoming investor and providing a clear route to adding value.
Once fully converted and operational, the property is projected to generate approximately **£3,000–£3,600 per month in rental income**, with an anticipated **yield in the region of 16–18%**, subject to final purchase price, refurbishment costs and achieved rents.
Upon completion of all proposed works, the property is expected to have a **gdv of approximately £300,000**, presenting an attractive opportunity to create both strong monthly cash flow and capital value.
**Key Investment Highlights:** * Planning granted for a **6-bedroom HMO** * Prime South Shields location * Projected rental income of **£3,000–£3,600 pcm** * Potential **16–18% yield** * Approximate **£36,000–£43,200 annual rental income** * Estimated **£300,000 gdv** once works are completed * Strong value-add and refinancing potential * Ideal opportunity for an experienced HMO investor or someone expanding their portfolio With the planning already secured and a clear conversion strategy in place, **Pollard Street represents an excellent opportunity to acquire, develop and operate a potentially high-performing HMO investment.** *All rental figures, yields and gdv are projections and should be independently verified by the purchaser.*
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 26, Pollard Street, South Shields
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