Lipson Road, Plymouth PL4 9 bed terraced house for sale

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Lipson Road, Plymouth PL4 9 bed terraced house for sale

Lipson Road, Plymouth, PL4 8PL
£400,000

Our Summary

  • Fully compliant with HMO regulations and benefiting from full planning permission, this investment is ready to deliver from day one
  • Early viewing is highly recommended to secure this superb investment opportunity

Description

This stunning 9-bed HMO property in Plymouth is a turnkey investment opportunity, generating an estimated £50,400 gross annual income. Located in a prime central location, the property is fully licensed and compliant with HMO regulations, providing a stable income stream for investors. The property boasts nine generously sized bedrooms, a modern communal lounge, and a well-equipped kitchen, offering a welcoming environment for professional tenants. With a current occupancy rate of 100%, the property is ready to deliver from day one, and its prime location ensures consistently high demand. The estimated monthly running costs are approximately £781.25, leaving a net monthly income of around £3,418.75. This exceptional HMO investment is ideal for those seeking a high-performing, income-producing asset in one of Plymouth's strongest rental zones.