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Kensington Road, Plymouth PL4 5 bed terraced house for sale
Kensington Road, Mutley, Plymouth
£240,000
Kensington Road, Mutley, Plymouth
£240,000
Our Summary
- SUPERB INVESTMENT OPPORTUNITY - HIGH-YIELDING STUDENT HMO Offers in Excess of £240,000A fantastic opportunity to acquire a fully tenanted four-bedroom HMO in a sought-after student location, offering a strong rental return and excellent long-term investment potential
- -This property presents an outstanding investment opportunity for both experienced landlords and those looking to expand their buy-to-let portfolio
Description
This is a fantastic investment opportunity to acquire a fully tenanted four-bedroom HMO in a sought-after student location, offering a strong rental return and excellent long-term potential. The property is configured as a four-bedroom home with additional communal space, appealing to student tenants seeking a more comfortable living environment. With a rental income of £24,050 per annum, the property offers a gross yield of approximately 10% at the asking price. The property is located in a vibrant and bustling area, just behind Aldi and a short walk to the University of Plymouth, surrounded by local amenities and excellent transport links. The property is fully let for the next academic year, making it an outstanding investment opportunity for both experienced landlords and those looking to expand their buy-to-let portfolio. With strong tenant demand and an impressive rental yield, early interest is highly recommended.