Summary - 28 BEECHWOOD AVENUE PLYMOUTH PL4 6PW
6 bed 2 bath Terraced
Turnkey 6-bedroom HMO near Plymouth University, immediate income.
Fully let 6-bedroom HMO producing £39,000 pa gross
A well-located, fully let 6-bedroom HMO in Mutley producing a gross annual income of £39,000. The property is a traditional red‑brick Victorian mid‑terrace with high ceilings, original fireplaces and spacious double letting rooms that appeal to the student market. Communal accommodation includes a high‑gloss kitchen/breakfast room, conservatory, lounge, shower room, separate cloakroom and a family bathroom.
This is a hands‑off income asset for an investor targeting the university rental market: all rooms are currently let to students and the house sits within easy walking distance of Plymouth University, the train station and Mutley Plain. The property benefits from double glazing, gas central heating and a modern fitted kitchen, which help with tenant appeal and management.
Notable constraints: external amenity is limited to a small paved courtyard rather than a garden, and the building’s solid brick construction likely lacks wall insulation (period property, built c.1900–1929). EPC shown as D, so some energy upgrades may be required to improve rating and running costs. Rooms vary in size, so future reconfiguration would be straightforward but may be needed to maximise yield or change use.
Overall this terraced HMO offers immediate rental income with scope for modest energy improvements or targeted refurbishment to increase capital value and reduce void risk. It suits investors seeking a university‑focused, fully occupied HMO in a student‑dense neighbourhood.
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