Turn‑key, income-producing investment in central Plymouth for professional operators.
Licensed HMO producing c. £87,000 gross income pa
13 en‑suite bedrooms across five floors — all good sizes
Large communal sitting room and very spacious kitchen/diner
Several off‑street parking spaces and a useful utility room
EPC C; mains gas boiler and radiator heating in place
Double glazing fitted (installation date unknown)
Small plot / limited outdoor space; inner‑city location
Local area classed as deprived; tenant profile mainly students/professionals
This substantial mid-terraced townhouse in PL4 is presented and operated as a fully licensed, turn‑key HMO. Arranged over five floors, it offers 13 en‑suite bedrooms, a large communal sitting room and an extremely spacious fitted kitchen/dining room with integrated appliances — generating an advertised gross income of c. £87,000 pa.
The property is freehold, well maintained and retains many character features from an apparent Georgian style facade while internal works reflect a recent conversion. Practical features include several off‑street parking spaces, a utility room, double glazing (install date unknown), mains gas boiler and radiators, EPC rating C, fast broadband and excellent mobile signal.
Notable facts to consider: the wider neighbourhood is classified as students and professionals and the local area is described as a cosmopolitan student neighbourhood — this supports steady rental demand but may not suit buyers seeking a quiet residential suburb. The area is flagged as deprived, and outdoor/plot space is small. The listing also states “Constructed: 2007 onwards,” which contrasts with the period appearance, and may be worth clarifying before purchase.
Overall this is a high‑yield, professionally maintained HMO in central Plymouth for an investor or operator seeking immediate income with minimal upfront works. Ongoing HMO management and the local area character should be weighed when assessing long‑term plans.
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