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£350,000

8 bedroom semi-detached house for sale

27 Totnes Road, Devon TQ4
Sold STC
Semi-detached house
8 beds
6 baths
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • HMO Style property
  • Guaranteed rent via a charity

This fully licensed six-bedroom House in Multiple Occupation (HMO) presents an exceptional investment opportunity, offering a strong and reliable income stream. With a current rental income of £47,112 per annum, the property delivers an attractive 13.5% gross yield. The property includes six well-proportioned bedrooms, four of which benefit from en-suite facilities, enhancing tenant appeal and rental potential. A large dining area provides a communal space ideal for shared living, complemented by a fair sized kitchen designed to accommodate multiple occupants. Managed 24/7 by a dedicated charity, the property ensures a hassle-free investment experience with professional oversight and tenant management in place. This licensed HMO offers a turn-key solution for investors looking to acquire a high-yield, low-maintenance property in a thriving rental market. Buyers are encouraged to confirm compliance with all licensing requirements and regulations as part of their due diligence.

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About this agent

Pilkington Estates - Stoke
Pilkington Estates - Stoke
161 Molesworth Road Plymouth PL3 4AJ
01752 942199
Full profileProperty listings
We are property experts and communicate fast using text messages, Facebook, email, phone and of course, face-to-face conversations. Once you have registered with us, we will be in touch to tell you about what’s new on the market, and this will often be ahead of properties appearing online, giving you the edge over other potential buyers to view the best properties first. We can even offer you a home finding service using our network of contacts and local knowledge  and this is often before a property has been openly offered for sale. Give yourself an advantage and contact Pilkington Estates today.
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