Mount Pleasant Road, Hastings, East Sussex

8 4

£615,000 Guide Price House of multiple occupation for sale
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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.

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.

Gross Yield: 12.88%

Estimated 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
Estimated 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
Estimated 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.
Reference: XFG-26150779

Area Description

No area description is available for this property.

Additional Details

  • Bedrooms: 8 Bedrooms
  • Bathrooms: 4 Bathrooms
  • Additional Toilets: 3 Toilets
  • Kitchens: 1 Kitchen
  • Tenure: Freehold
  • Rights and Easements: Article 4 Area
  • Risks: Ask Agent

Broadband Speeds

  • Download: 8mbps - 10000mbps
  • Upload: 0.9mbps - 10000mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

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Videos

Features

  • Property Layout – 8 bed HMO with 4 bathrooms, 3 additional WCs and 6 bedrooms with private kitchenettes
  • Tenant Type – Brand-new HMO development opportunity sold with vacant possession, ready for an investor’s preferred tenant strategy
  • Strategic Location – Prime Hastings location close to the town centre, seafront, employers and local amenities
  • Transport & Connectivity – Strong rail links to London, Brighton & Eastbourne, plus access via the A21 and A259
  • Regeneration Benefits – Ongoing town centre, seafront and infrastructure investment supporting rental demand
  • High Rental Income & Strong Yield – Estimated gross annual income £79,200 delivering a 12.88% gross yield

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.

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