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Beaumont Road, Devon TQ12 4 bed terraced house for sale
Beaumont Road, Devon TQ12
£210,000
Beaumont Road, Devon TQ12
£210,000
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 four-bedroom property on Beaumont Road 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 property is currently tenanted by four occupants and features a tasteful kitchen and low-maintenance patio garden, making it an attractive option for shared living arrangements. Its convenient location provides easy access to Newton Abbot's amenities and transport links, and with its tenant-ready setup, it's an ideal choice for investors seeking a high-return asset. However, buyers should consider local HMO licensing requirements as part of their investment process.