Overview
Freehold 6-bedroom licensed HMO on Oakwood Street, Sunderland SR2. Fully tenanted, producing £38,508 p.a. gross. Six bedrooms (three en-suite), shared bathroom, communal kitchen and living area. HMO licence valid until January 2031. Article 4 direction area. Asking £320,000.
The Numbers
Asking Price: £320,000 | Gross Annual Income: £38,508 | Gross Yield: 12.03% | Bedrooms: 6 (3 en-suite, 1 shared bathroom) | Tenure: Freehold | EPC: C (71) | HMO Licence: Valid until January 2031 | Article 4: Yes | Status: Fully tenanted
The Deal
12.03% gross yield — all six rooms occupied, generating immediate cash flow. HMO licence secured until January 2031 — six years of licensing certainty. Article 4 direction protects existing licensed HMOs by restricting new conversions in the area, providing a planning moat around the running yield. Clean freehold. Proximity to Sunderland city centre (1 mile), the University of Sunderland, and Sunderland Royal Hospital drives consistent tenant demand.
Investment Pack
Pack includes the rent roll, current tenancy agreements, HMO licence documentation, fire risk assessment, EPC, gas and electrical certificates, and a five-year cash-flow model. Sent same-day on request.