Situated in the heart of Torquay is this remarkable investment opportunity as a fully operational nine-bedroom House in Multiple Occupation (HMO). The property currently generates a rental income of £37,400 per annum, delivering a 11.5% gross yield based on the asking price of £325,000. The property features nine generously sized bedrooms, three bathrooms, a quaint and functional kitchen suitable for shared living, and a maintainable garden that adds value for tenants. Its desirable location ensures strong tenant demand, with convenient access to Torquay’s amenities, transport links, and coastal attractions. This high-yield investment offers a fantastic opportunity for investors seeking a secure and established rental property. Prospective buyers are encouraged to review all HMO licensing and regulatory requirements as part of their due diligence.
Agent Details
Pilkington Estates, Stoke
01752 741329
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