Summary - 21 SALCOMBE ROAD PLYMOUTH PL4 7NE
5 bed 2 bath Terraced
Fully licensed, fully let five-bed HMO near Plymouth University with roof terrace and immediate income..
Fully licensed five-bedroom HMO, fully let generating ~£28k–£29k p.a.
Roof terrace with far-reaching views; private rear garden and patio.
Two shower rooms and spacious lounge; under-house storage for tenants.
Mains gas boiler and radiators; double glazing installed post-2002.
Freehold tenure; Council Tax Band C.
Small plot and terraced setting; limited outdoor space.
Located in a deprived area with above-average crime — factor in risk.
Solid brick construction; likely no cavity insulation, upgrade may be needed.
A fully licensed, five-bedroom HMO on Salcombe Road offering immediate rental income and HMO compliance for a buy-to-let investor. The property is reported fully let and generates approximately £28,000–£29,000 per annum, producing roughly a 9% yield at the current asking price. Long-term rental demand is supported by close proximity to Plymouth University and local amenities.
Accommodation is arranged over multiple floors with two shower rooms, a spacious lounge, practical kitchen/diner, private rear garden and a roof terrace with wide views. The house benefits from mains gas central heating, double glazing and two under-house storage areas useful for tenant storage and bikes. Council Tax Band C and freehold tenure simplify ownership responsibilities.
Notable negatives are factual and significant: the property sits in a deprived area with above-average crime levels, the plot is small, and the building is a solid-brick Victorian terrace with assumed lack of cavity insulation. Services and appliances have not been independently tested; buyers should commission surveys, check HMO paperwork and factor in potential upgrade or maintenance costs between tenancies. Sale will be subject to existing tenancies—viewings require occupation management.
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