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9 bedroom terraced house for sale

Lipson Road, Plymouth PL4
Attention investors
Terraced house
9 beds
2 baths
2475
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand D
Mobile signal
EEO2ThreeVodafone

Features and description

  • Licensed 9-bedroom HMO Fully compliant with HMO & planning regulations
  • Fully compliant with HMO & planning regulations
  • £50,400 gross annual income 12.92% gross
  • Sui Generis Planning
  • Double Glazing & Gas Central Heating
  • Managed in-house by Francis Stuart
  • Three shower rooms & multiple WCs
  • EPC - D64

High-Yield 9-Bed Licensed HMO 12.92% Gross Yield


A substantial and fully compliant 9-bedroom licensed HMO, generating £50,400 gross per annum, currently fully let to professional tenants and managed in-house by Francis Stuart.

Offered at £390,000, this superb turnkey investment delivers an impressive 12.92% gross yield and an estimated 10.52% net yield (before maintenance/voids/management).

Situated in a prime central Plymouth location, within easy reach of the University, Mutley Plain and the city centre, the property benefits from consistently high tenant demand and excellent long-term rental fundamentals.

Arranged over three spacious floors, the property provides nine generously proportioned bedrooms, a modern communal lounge and a well-equipped fitted kitchen, creating a comfortable and practical shared living environment. There are three contemporary shower rooms together with multiple WCs, ensuring convenience for all occupants.

The property is fully licensed, fully compliant with current HMO regulations and benefits from the relevant planning consents, offering investors confidence and peace of mind. With professional tenants in situ and ongoing in-house management by Francis Stuart, it represents a stable, hands-off income-producing asset from day one.


Rental Income Breakdown
Room 1 – £465 pcm
Room 2 – £480 pcm
Room 3 – £450 pcm
Room 4 – £495 pcm
Room 5 – £465 pcm
Room 6 – £480 pcm
Room 7 – £485 pcm
Room 8 – £380 pcm
Room 9 – £500 pcm

Total Monthly Income: £4,200
Total Annual Income: £50,400


Landlord Running Costs (as advised by current owner)
Electricity – Approx. £183 pcm
Gas – Approx. £213 pcm
Water – £166.25 pcm
Council Tax – £136 pcm
Internet (Virgin Media high-speed package) – £83 pcm

Total Monthly Costs: Approx. £781.25
Annual Costs: Approx. £9,375


Investment Summary (Based on £390,000 Purchase Price)
Gross Annual Income: £50,400
Gross Yield: 12.92%
Estimated Net Annual Income (before maintenance/voids/management): £41,025
Net Yield: 10.52%
A high-performing, professionally managed HMO in one of Plymouth’s strongest rental zones, offering immediate income, regulatory compliance and long-term investment stability.

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Area statistics

Crime score
High crime
10/10

About this agent

Francis Stuart Sales & Lettings - Plymouth
Francis Stuart Sales & Lettings - Plymouth
40 Mannamead Road Plymouth, Devon PL4 7AF
01752 948963
Full profileProperty listings
If you are considering selling your home or already have it listed on the market, naturally, your goal is to secure the highest possible price with minimal effort. Acquiring the skill to discern the actions that lead to a premium price and those that are a waste of time and money takes considerable experience. While selling a property might seem straightforward, achieving a premium price is a different challenge altogether. Fortunately, we’re here to unveil some of our trade secrets through this comprehensive 13-step guide to success. A significant part of achieving success lies in the art of marketing, promotion, and viewing strategy. While presenting your property in perfect condition is crucial, neglecting these essential steps could hinder you from achieving the desired sale. Our success stems from diligently following these steps with each sale, resulting in consistently above-average national sales records. These steps go beyond simply listing the property on platforms like Zoopla or Rightmove and waiting for a sale to happen. While some agencies may opt for a quick and basic approach, we believe that our years of experience provide us with a competitive edge, enabling us to secure better value sales.
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