9 bedroom terraced house for sale

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9 bedroom terraced house for sale

Lipson Road, Plymouth, PL4 8PL
£400,000

Our Summary

  • Fully compliant with HMO regulations and benefiting from full planning permission, this investment is ready to deliver from day one
  • Early viewing is highly recommended to secure this superb investment opportunity

Description

This turnkey HMO investment property in Plymouth is generating an estimated £50,400 gross annual income from its nine generously sized bedrooms, currently fully let to professional tenants. The property is located in a prime central location, close to the University, Mutley Plain, and city centre, and is fully compliant with HMO regulations. The layout includes a modern communal lounge, well-equipped kitchen, and three contemporary shower rooms, providing a welcoming and practical environment for shared living. With a stable income stream and excellent yield, this property is ideal for investors seeking a high-performing, turnkey asset. The estimated monthly running costs are approximately £781.25, leaving a net monthly income of around £3,418.75 before maintenance, voids, and management costs. Early viewing is highly recommended to secure this superb investment opportunity.