Summary - 14 HYDE PARK ROAD PLYMOUTH PL3 4RJ
5 bed 3 bath Terraced
**Property Highlights:**
- Licensed 6-bedroom HMO investment opportunity.
- Fully let for the next two academic years, generating an attractive £28,896 annual rental income.
- Prime location in Plymouth, close to bus routes and amenities.
- Spacious with all double bedrooms, two shower rooms, and additional WC.
- Potential to reconfigure into a six-bedroom HMO for increased returns.
- Excellent condition with modern kitchen and furnished living spaces.
This spacious 5-bedroom terraced house located on Hyde Park Road in Plymouth presents a unique investment opportunity. Licensed as a 6-bed HMO, this property is fully tenanted until August 2026 and provides a consistent rental income of £28,896 annually, ensuring a net return of approximately 8.44%. Each room boasts double occupancy, Ethernet connectivity, and an additional lounge/study area for enhanced living comfort.
The property features two modern shower rooms, ample communal areas including a large living room and separate dining space, alongside a well-equipped kitchen. The inclusion of furniture and kitchen appliances enhances value, providing a hassle-free living arrangement for tenants. Conveniently situated within walking distance to Plymouth University and local amenities, this property is in high demand.
Offering significant renovation potential to convert it into a six-bedroom configuration, this turnkey investment is not only a solid financial opportunity but also a desirable location for families and professionals. However, minor modernization might be useful to fully capitalize on the property's charm and potential.
Due to the strong rental market and the property's impressive rental history, early viewings are highly recommended to avoid missing out on this exceptional chance to own a lucrative investment in Plymouth’s vibrant housing market.
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