£335,000
6 bed property for saleLisle Street, Wallsend, Tyne And Wear NE28
6 beds
6 baths
1 reception
EPC Rating: C
- Freehold
HMOX Sales
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About this property
Property Layout – 6 bed all-ensuite HMO, modern, well-presented and fully compliant
Tenant Type – Fully tenanted by working professionals, ensuring consistent rental income
Strategic Location – Central Wallsend close to shops, employers, Tyne Tunnel and Newcastle city centre
Transport & Connectivity – Excellent Metro and bus links, plus easy access to A19, A1058 and wider road network
Regeneration Benefits – Ongoing North Tyneside regeneration and Newcastle Riverside investment driving demand
High Rental Income & Strong Yield – Gross annual income £46,800 delivering 13.97% yield
This modern, fully compliant 6-bedroom, all-ensuite HMO offers a high-yielding investment opportunity in the heart of Wallsend. Fully let to working professionals, the property generates £46,800 in annual rental income, delivering an impressive gross yield of 13.97% with stable occupancy and dependable returns. Well-presented throughout, it provides quality accommodation in a prime location close to shops, major employers, the Tyne Tunnel, and Newcastle city centre. Excellent connectivity via the Metro, bus services, and easy access to the A19 and A1058 further strengthen its commuter appeal. With ongoing regeneration across North Tyneside and major investment in Newcastle’s Riverside area driving long-term demand and capital growth, this property represents a secure, high-yielding opportunity in one of the North East’s most dynamic rental markets.
Income Breakdown (Monthly):
Room 1: £650.00
Room 2: £600.00
Room 3: £700.00
Room 4: £700.00
Room 5: £600.00
Room 6: £650.000
Total Monthly Income: £3,900.00
Total Annual Income: £46,800.00
Expenditure Breakdown (Monthly):
Gas and Electric: £75.00
Water: £34.90
Council Tax: £129.80
TV License: £14.00
Broadband: £47.99
Management (15%): £585.00
Total Monthly Expenditure: £886.69
Total Annual Expenditure: £10,640.28
Investment Performance:
Net Annual Income: £36,159.72
Gross Yield: 13.97%
Net Yield: 10.79%
Compliance And Licensing:
- HMO License (6 people)
- EPC
- eicr
- Fire Risk Assessment
- Gas Safety Certificate
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