Pasley Street, Plymouth PL2 5 bed terraced house for sale

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Pasley Street, Plymouth PL2 5 bed terraced house for sale

Pasley Street, Plymouth PL2
£240,000

Our Summary

  • Early viewing is strongly recommended to secure this high-performing investment opportunity

Description

This is a turnkey HMO investment property in Plymouth, generating a gross annual income of £30,300 from five professional tenants. The property has been recently refurbished and is fully compliant with current HMO regulations, with a C4 use license. The property is arranged over two floors, offering five spacious bedrooms, one modern bathroom, a separate WC, and a fully equipped kitchen. The current owner has maintained the property to a high standard, ensuring a low-maintenance proposition for the investor. The property is located in a high-demand rental area, with consistently high occupancy rates, making it an attractive opportunity for investors seeking strong and stable returns. With estimated monthly running costs of £682, the property offers a net monthly income of approximately £1,843, providing a solid investment opportunity for those looking to add to their portfolio.