Totnes Road, Devon TQ4 8 bed terraced house for sale

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Totnes Road, Devon TQ4 8 bed terraced house for sale

Totnes Road, Devon TQ4
£400,000

Our Summary

  • *Upcoming Open Day Event - Viewings strictly by appointment only*This fully licensed six-bedroom House in Multiple Occupation (HMO) presents an exceptional investment opportunity, offering a strong and reliable income stream

Description

This six-bedroom House in Multiple Occupation (HMO) is a lucrative investment opportunity, generating a strong and reliable income stream with a current rental income of £47,112 per annum, equivalent to a 9.76% gross yield. The property features six well-proportioned bedrooms, including four en-suite bathrooms, a large dining area, and a fair-sized kitchen, making it an attractive option for tenants. With a dedicated charity managing the property 24/7, investors can enjoy a hassle-free experience with professional oversight and tenant management. The property is fully licensed, offering a turn-key solution for those looking to acquire a high-yield, low-maintenance investment in a thriving rental market.
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