Summary - 37 LISSON GROVE PLYMOUTH PL4 7DL
6 bed 2 bath Terraced
Proven high-yield buy-to-let with immediate income and value-upgrade potential.
- Six double bedrooms arranged over three floors
A substantial six-double-bedroom mid-terrace in Mutley, presented as a proven HMO income generator. Currently producing £32,400 per annum with one room vacant, the property offers immediate revenue and near-term uplift if fully let.
Built before 1900, the house retains Victorian character including bay windows, high ceilings and original stonework, and benefits from double glazing and a dedicated boiler/utility room. There are workable front and rear gardens and a sitting room providing genuine communal space for tenants.
The property requires targeted renovation in places and shows external mold/ivy growth to the stonework; internal improvements would increase rental appeal and long-term value. EPC D and assumed uninsulated granite walls mean energy performance is middling; upgrading insulation and services would be advisable.
Practical positives include freehold tenure, no onward chain and strong local rental demand from students and professionals near the university. Note the area records higher crime and local deprivation statistics; factor management and minor security measures into operating costs.
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