52 Mount Pleasant Road, Hastings, East Sussex, TN34 3SH
- Unconditional Online Sale
- Offers in Excess of : £615,000
- Bedrooms: 8
- Bathrooms: 4
Brand-New 8-Bed HMO Development | Vacant Possession | Est. £79,200 Annual Income | 12.88% Gross Yield | Flexible Tenant Strategy | Prime Hastings Location | Near Seafront & Town Centre | Strong Rail Links
Description
This brand-new 8-bedroom HMO development—featuring four bathrooms, three additional WCs, and six bedrooms with their own private kitchenettes—offers a compelling high-yield investment opportunity in a prime Hastings location. Sold with vacant possession, the property provides investors with complete flexibility to implement their preferred rental strategy from day one, whether targeting working professionals, social housing or supported living providers, or other high-demand tenant profiles. With an estimated gross annual income of £79,200, the property is projected to deliver an impressive gross yield of 12.88%, presenting strong income potential. Ideally positioned close to Hastings town centre, the seafront, major employers, and local amenities, it is well placed to attract sustained tenant demand. A bus stop is conveniently located just 30 seconds from the property, while Ore railway station is less than a five-minute walk away, providing excellent transport links. Strong rail connections to London, Brighton, and Eastbourne, alongside convenient access to the A21 and A259, further enhance its accessibility. Supported by ongoing town centre, seafront, and infrastructure investment, this asset represents an attractive development-led investment with excellent income potential and long-term growth prospects in an established South Coast rental market.
Income Breakdown (Monthly)
| Room 1: £750 |
| Room 2: £750 |
| Room 3: £850 |
| Room 4: £850 |
| Room 5: £850 |
| Room 6: £850 |
| Room 7: £850 |
| Room 8: £850 |
| Total Monthly Income: £6,600.00 |
| Total Annual Income: £79,200.00 |
Expenditure Breakdown (Monthly):
| Gas:£80 |
| Electric: £80 |
| Water: £50 |
| Council Tax: £100 |
| TV Licence: £15 |
| Broadband: £20 |
| Cleaner: £20 |
| Management (12%): £792 |
| Maintenance reserve: £50 |
| Insurance: £100 |
| Total Monthly Expenditure: £1,307.00 |
| Total Annual Expenditure: £15,684.00 |
Investment Performance:
| Net Annual Income: £63,516.00 |
| Gross Yield: 12.88% |
| Net Yield: 10.33% |
| As the HMO is currently under development, room rents and operating costs have been estimated based on comparable local market data. Management costs have been assumed at 12% of gross rental income, reflecting the average market rate, although actual fees may vary depending on the managing agent selected. |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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Financing
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