- Fully Licenced HMO +
- Rental income £38,000 +
- 7 Bedrooms +
- Room Terrace +
- Sale by Modern Auction +
The property offers seven generously sized double bedrooms and is ideally positioned within easy walking distance of Plymouth University, the vibrant City Centre, and the ever-popular Mutley Plain. This highly convenient location ensures strong and consistent tenant demand, with a wide range of shops, restaurants, bars, and transport links all close by.
Arranged over three floors, the property provides spacious and well-planned accommodation throughout. The ground floor comprises two double letting rooms, along with a large communal kitchen and lounge area that serves as a social hub for residents. A convenient downstairs W.C. and a separate utility room complete the ground floor.
The first floor features three further double letting rooms, as well as two modern shower rooms, each fitted with a walk-in shower, W.C., and wash basin.
On the second floor, there are two additional double bedrooms along with a delightful roof terrace, offering residents a private outdoor space to relax and unwind.
Externally, the property benefits from a small communal courtyard, providing additional outside space for tenants. There is also convenient on-street permit parking available to the front of the property.
This substantial seven-bedroom HMO represents a rare opportunity to acquire a fully licensed investment property in a prime location, currently generating an annual income of approximately £38,000.
Internal viewings are highly recommended to fully appreciate the size and potential of this impressive property.
Please note the property would benefit from some maintenance, which is reflected in the asking price.
Some furniture belonging to tenants has been digitally removed from the photographs using AI to better demonstrate the scale and proportions of the rooms.
Tenure: Freehold
Council Tax Band: C
Local Authority: Plymouth