8 bedroom terraced house for sale

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8 bedroom terraced house for sale

Totnes Road, Paignton, Devon, TQ4
£425,000

Our Summary

  • 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) presents a lucrative investment opportunity, generating a strong and reliable income stream with a current rental income of £41,490 per annum, equivalent to a 9.76% gross yield. The property boasts six well-proportioned bedrooms, including four with en-suite facilities, and a large dining area and kitchen designed for shared living. The property is managed 24/7 by a dedicated charity, ensuring a hassle-free investment experience with professional oversight and tenant management. With its attractive yield and low-maintenance requirements, this licensed HMO offers a turn-key solution for investors seeking a high-yielding property in a thriving rental market.
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