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5 bedroom terraced house for sale
Bitton Park Road, Teignmouth, Devon, TQ14
£325,000
Bitton Park Road, Teignmouth, Devon, TQ14
£325,000
Our Summary
- 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 4-bedroom House in Multiple Occupation (HMO) with a separate studio flat in Teignmouth offers an exceptional investment opportunity, generating a strong 9.33% gross yield through its impressive rental income of £30,324 per annum. The HMO features four generously sized bedrooms, three with en-suites, while the studio flat boasts 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, a separate studio flat, and attractive location, this property represents an outstanding opportunity with excellent returns. However, buyers are advised to review local HMO licensing regulations and compliance requirements as part of their due diligence.