Newport Street, Tiverton EX16 4 bed house for sale

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Newport Street, Tiverton EX16 4 bed house for sale

Newport Street, Tiverton
£160,000

Our Summary

  • Description - Well established into a thriving HMO, this investment opportunity is offered to the market with no onward chain

Description

This four-story property, located in the heart of Tiverton, is a thriving House of Multiple Occupancy (HMO) that offers a gross rental income of £24,000 per year. The property features four bedrooms, a communal kitchen/breakfast room, a shower room, and a separate bathroom, as well as two basement storage rooms. With a gross rental yield of 15%, this investment opportunity is an attractive option for those looking to generate a steady income. The property is situated in a convenient location, with great transport links to Exeter and Taunton, and is close to a range of amenities, including shops, recreational facilities, and educational institutions.