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5 bedroom terraced house for sale
Bitton Park Road, Teignmouth, Devon, TQ14
£250,000
Bitton Park Road, Teignmouth, Devon, TQ14
£250,000
Our Summary
- **Upcoming Open Day Event - Viewings strictly by appointment only**This licensed 4-bedroom House in Multiple Occupation (HMO) with a separate studio flat represents an outstanding investment opportunity in the sought-after location of Bitton Park Road, Teignmouth
Description
This licensed 4-bedroom House in Multiple Occupation (HMO) with a separate studio flat in Teignmouth's sought-after Bitton Park Road offers an outstanding investment opportunity. The property generates a strong 11.23% gross yield through its impressive rental income of £30,324 per annum, accommodating five tenants. The HMO features four generously sized bedrooms, three with en-suites, and a separate studio flat with stunning views over the River Teign, providing additional rental income. The property is professionally managed, ensuring a hassle-free experience for investors. With its combination of en-suite rooms, separate studio flat, and attractive location, this is an exceptional opportunity with excellent returns, although buyers are advised to review local HMO licensing regulations and compliance requirements as part of their due diligence.