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9 bedroom terraced house for sale
Warren Road, Torquay, Devon, TQ2
£400,000
Warren Road, Torquay, Devon, TQ2
£400,000
Our Summary
- Situated in the heart of Torquay is this remarkable investment opportunity as a fully operational nine-bedroom House in Multiple Occupation (HMO)
Description
This impressive nine-bedroom House in Multiple Occupation (HMO) in Torquay's city center is a lucrative investment opportunity, generating a rental income of £37,400 per annum and offering a 9.35% gross yield based on the asking price of £400,000. The property features nine spacious bedrooms, three bathrooms, a functional kitchen, and a maintainable garden, making it an attractive option for tenants. Its prime location ensures strong demand, with easy access to Torquay's amenities, transport links, and coastal attractions. This high-yield investment offers a secure and established rental property for investors, with the opportunity to review HMO licensing and regulatory requirements as part of their due diligence.