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6 bedroom end of terrace house for sale
Edith Avenue, Plymouth
£270,000
Edith Avenue, Plymouth
£270,000
Our Summary
- To the rear, a private courtyard provides outdoor space for tenants to relax, while the detached garage offers valuable storage or potential for future development, subject to the necessary consents
- With its excellent yield, proven rental performance, and no immediate works required, this is a high-performing, income-generating asset with long-term investment potential
- This is a rare opportunity to acquire a ready-made, income-generating property with consistent returns and long-term investment potential
Description
This six-bedroom HMO property is a rare opportunity for investors, offering a strong gross annual income of £36,006. The property is fully licensed and has been well-maintained, with six generously sized double bedrooms, three modern shower rooms, a spacious communal lounge, and a well-appointed kitchen. The property also features a private courtyard and a detached garage, providing valuable storage or potential for future development. With a strong rental history and minimal voids, this property is an excellent turnkey investment for both experienced landlords and those new to the market. The property is fully let, with a monthly income of £3,005, and estimated annual running costs of £6,744. With no immediate works required, this property offers long-term investment potential and is highly recommended for viewing.