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5 Bed HMO, Plymouth, PL4 6BG £240,000

Welbeck Avenue, City Centre. FULLY LET 5 bed student investment , PL4 6BG - a year ago
  1. Deal Search
  2. Plymouth
  3. PL4
  4. PL4 6BG
Sold STC
HMO
Inside Article 4
ROI: 13%
~178 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Plymouth
  • More Deals in PL4
  • More HMO Deals
  • More HMO Deals in Plymouth
  • More HMO Deals in PL4

Property History

Price changed to £240,000

June 20, 2025

Listed for £250,000

October 15, 2024

Sold for £229,800

2014

Sold for £43,500

1995

Description

  • Student investment property +
  • 5 letting rooms (4/5 rooms currently booked for 25/26) +
  • Fully let until August 2025 +
  • Producing a rental income of £27,150 per annum +
  • Re-let for 2025/2026 with an income of £24,000 per annum +
  • Bay fronted communal room +
  • Modern fitted kitchen/breakfast room +
  • Fully enclosed courtyard +
  • UPVC double glazing +

Positioned within a stone's throw of Plymouth University and the Train Station is this 5 letting room HMO investment property, let until August 2025, producing a rental income of £27,150 per annum. The location of the property is convenient for students being just a short walk to the City Centre and North Hill, being well known for bars, clubs and restaurants.

The accommodation comprises of entrance vestibule, entrance hall, bay fronted communal room, modern fitted kitchen/breakfast room, cloakroom, 5 letting rooms, shower room, fully enclosed courtyard, UPVC double glazing and gas central heating.

EPC - D 

Opaque UPVC double glazed door to:  

ENTRANCE VESTIBULE Stained glass door to:  

ENTRANCE HALL Staircase to first floor with built in storage cupboard under housing security alarm unit, doors lead from the entrance hall providing access to all ground floor rooms.  

COMMUNAL ROOM 15' into bay x 11'11" (4.58m x 3.64m) Picture rail, radiator, UPVC double glazed bay window to front elevation.  

KITCHEN/BREAKFAST ROOM 15'9" x 8'10" (4.81m x 2.71m) Fitted with a range of white high gloss base and eye level units, roll top worktops, inset single bowl single drainer stainless steel sink unit with adjacent recess and plumbing for a washing machine, built in oven and 4 ring ceramic electric hob with extractor canopy over, space for upright fridge freezer, further wall mounted cupboard housing wall mounted boiler providing hot water and central heating, ceiling spotlights, UPVC double glazed window to side elevation, part tiled walls, opaque UPVC double glazed door providing access to: 

REAR PORCH Ceramic tiled flooring, UPVC double glazed windows to rear and side elevation with additional matching door providing access to rear courtyard, further door to:  

CLOAKROOM Modern white suite comprising low level WC, wash hand basin, fully tiled walls, ceiling spotlights.  

LETTING ROOM ONE 12'3" x 9' (3.75m x 2.75m) Radiator, UPVC double glazed window to rear elevation.  

FIRST FLOOR  

LANDING Access to loft space, doors lead from the landing providing access to all first floor rooms. 

LETTING ROOM TWO 9'9" x 9'4" (2.98m x 2.86m) Radiator, coving to ceiling, ceiling spotlights, UPVC double glazed window to rear elevation.  

SHOWER ROOM Modern white suite comprising corner glazed shower cubicle, pedestal basin, low level WC, fully tiled walls, ceiling, down lighters, extractor fan, heated towel rail, ceramic tiled flooring, opaque UPVC double glazed window to side elevation.  

LETTING ROOM THREE 12'3" x 9'3 (3.75m x 2.83m) Radiator, coving to ceiling, UPVC double glazed window to rear elevation. 

LETTING ROOM FOUR 14'9" into bay x 8' (4.51m x 2.45m) Radiator, UPVC doubled glazed bay window to front elevation.  

LETTING ROOM FIVE 8'10" x 7'2" (2.71m x 2.18m) Radiator, UPVC doubled glazed window to front elevation. This room also enjoys an additional large storage cupboard located on the landing.  

OUTSIDE To the rear of the property is a useful cupboard area with adjacent block-built storage shed. The courtyard itself is fully enclosed offering a good degree of privacy and seclusion, with pedestrian gate providing access onto the rear service lane. 

SERVICES All main services are connected to the property.  

VIEWING Strictly by prior appointment through Swift Estate Agents.

Agent Details

Swift Estate Agents, Plymouth

01752 741863

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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