5 bedroom terraced house for sale
Key information
Property description & features
- Five Bedroom HMO With 12.5% Yield
- Approximate Gross Annual Income: £34,000
- Highly Sought After Mutley Location
- Spacious Layout With Period Features Throughout
- Downstairs W/C & Shower Room | Bathroom Upstairs
- Large Front Communal Garden
- Four Large Double Rooms
- One Large Double En-Suite Room
- EPC: Band D (Being Reviewed)
- Council Tax: Band B
12.5% yield! HMO property in charming period style offers spacious layout, ideal for multiple tenants. En-suite bathroom, gas heating, gardens & central location near shops, restaurants & the Hoe. Don't miss out!
LOCATION Lisson Grove, situated within the sought-after Mutley area of Plymouth, offers a delightful blend of city convenience and peaceful living. This residential neighbourhood boasts easy access to the city centre's shops, cafes, and restaurants, while also placing you within walking distance of the historic Barbican district and the scenic Plymouth Hoe. With the Lisson Grove Medical Centre conveniently located nearby, Lisson Grove presents an attractive option for professionals, families, and anyone seeking a vibrant and well-connected Plymouth address.
DESCRIPTION Calling all savvy investors! This exceptional HMO property in a period style presents a fantastic opportunity to secure a consistent and healthy return on your investment.
Step inside and discover a spacious and versatile layout that maximizes rental potential. The welcoming entrance hall leads you past a convenient WC and shower room – ideal for tenants. Two large double bedrooms offer ample living space for individual occupants, while a communal living room provides a comfortable area for socializing. The well-equipped kitchen boasts integrated appliances, making meal preparation a breeze.
Head upstairs to discover three further double bedrooms, each perfect for individual occupancy. One bedroom even features its own en-suite bathroom, ensuring additional privacy for a premium tenant. A further bathroom on this floor caters to the remaining bedrooms.
ADDITIONAL BENEFITS ADD TO THE OVERALL APPEAL OF THIS INVESTMENT: Gas-fired central heating: Ensures year-round comfort for your tenants, keeping them happy and minimizing maintenance costs.
Large front garden: Provides a green space for tenants to enjoy the outdoors.
Enclosed rear yard: Offers a secure and private space for tenants to relax or socialize.
Energy Performance Certificate (EPC) Band D: Indicates reasonable running costs for the property.
Currently generating a strong 12.5% yield, this HMO property is a must-see for any investor seeking a profitable addition to their portfolio.
Don't miss out on this exceptional opportunity!
VIEWINGS Interested applicants should call Martin & Co (Plymouth) today on[use Contact Agent Button] in order to arrange their viewing appointment.
NOTICE TO APPLICANTS We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Move With Us conveyancing. It is your decision whether you choose to deal with Move with Us. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.
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Property reference 101449009346. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co - Plymouth.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 11, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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