5 bedroom house of multiple occupation for sale

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5 bedroom house of multiple occupation for sale

Lisson Grove, Plymouth, Devon
£265,000

Our Summary

  • Attractive Add-Value HMO Investment Opportunity Address: 56 Lisson Grove, Plymouth, PL4 7DN Property Type: 5-Bed HMO (2 Shared Bathrooms, 1 WC) Current Status: Vacant Investment Summary Located in Plymouth, Devon, a city with a thriving economy and high demand for shared accommodation, 56 Lisson Grove offers an excellent opportunity for HMO investors

Description

The property at 56 Lisson Grove, Plymouth, is a 5-bedroom HMO with 2 shared bathrooms and 1 WC, located in a desirable area close to the city center and the University of Plymouth. With a strong demand for shared accommodation in Plymouth, this property offers an attractive investment opportunity for HMO investors. The property is expected to generate an annual income of £30,000, resulting in a gross yield of 11.32% and a net yield of 7.58%. The property's prime location, with excellent transport links and strong demand from students and young professionals, makes it a viable choice for tenants. Additionally, Plymouth's ongoing regeneration efforts and growth potential offer long-term appreciation potential for investors.
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