The Avenue presents an exceptional investment opportunity in Newton Abbot, offering a projected rental income of £26,964 per annum and a 10% gross yield. This four-bedroom property, currently an unlicensed House in Multiple Occupation (HMO), is in fair condition and features two bathrooms, making it ideal for shared living. The property benefits from gated parking, providing secure off-road parking for tenants. With 24/7 management by a dedicated charity, investors can enjoy a hassle-free experience, with tenant care and property management handled to high standards. Located close to local amenities and transport links, this property is situated in a high-demand area with strong rental potential. Buyers should undertake due diligence regarding local HMO licensing regulations and compliance requirements.