8 bedroom semi-detached house for sale

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8 bedroom semi-detached house for sale

Jedwick House, Paignton, Devon, TQ4 5JZ
£350,000

Our Summary

  • This fully licensed six-bedroom House in Multiple Occupation (HMO) presents an exceptional investment opportunity, offering a strong and reliable income stream

Description

This six-bedroom House in Multiple Occupation (HMO) presents a lucrative investment opportunity, generating a strong and reliable income stream of £47,112 per annum, equivalent to a 13.5% gross yield. The property features six well-proportioned bedrooms, with four en-suite facilities, a large dining area, and a fair-sized kitchen, making it an attractive option for tenants. The property is professionally managed 24/7 by a dedicated charity, ensuring a hassle-free investment experience with oversight and tenant management in place. With a turn-key solution, this licensed HMO offers investors a high-yield, low-maintenance property in a thriving rental market, although buyers are advised to confirm compliance with all licensing requirements and regulations as part of their due diligence.