Beaumont Road, Devon TQ12 4 bed terraced house for sale

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Beaumont Road, Devon TQ12 4 bed terraced house for sale

Beaumont Road, Devon TQ12
£200,000

Our Summary

  • *Upcoming Open Day Event - Viewings strictly by appointment only*Located in a convenient area of Newton Abbot, Beaumont Road is an excellent investment opportunity as an unlicensed House in Multiple Occupation (HMO)
  • The property is currently tenanted by four occupants and offers a potential rental income of £22,380 per annum, delivering a 9

Description

This unlicensed House in Multiple Occupation (HMO) in Newton Abbot is an excellent investment opportunity, offering a potential rental income of £22,380 per annum and a 9.7% gross yield. The four-bedroom property features a tasteful kitchen and low-maintenance patio garden, making it an attractive option for tenants. Its convenient location provides easy access to Newton Abbot's amenities and transport links, making it a strong choice for investors. With its tenant-ready setup and high return potential, this property is ideal for those looking to secure a high-return asset. However, buyers should note that they will need to consider local HMO licensing requirements as part of their investment process.