3 bed terraced house for sale

Pollard Street, South Shields NE33

**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.*