**Standout Features:**
- Four-bedroom terraced home in Newton Abbot, ideal for investment
- Excellent 11.2% gross yield with tenant-ready setup
- Tasteful kitchen designed for shared living, small low-maintenance garden
- Convenient location near amenities and strong transport links
- Current rental income potential of £22,380 per annum
**Notable Concerns:**
- Unlicensed HMO; buyers should consider local licensing requirements
- Property shows signs of modernization needed, particularly in kitchen and interiors
- Limited outdoor space
Located on Beaumont Road in the bustling area of Newton Abbot, this four-bedroom terraced house presents an exceptional investment opportunity, boasting a strong 11.2% gross yield. Perfect for investors and constrained renters alike, the property is currently tenanted and provides an attractive rental income potential of £22,380 per annum. The well-appointed kitchen enhances shared living arrangements, while the charming low-maintenance patio garden adds an outdoor retreat for tenants.
With its prime location near essential amenities and excellent transport links, this property is ideal for those looking to secure a high-return asset. However, potential buyers should note the unlicensed HMO status and the need for some modernization work to maximize its appeal. Don't miss your chance to invest in this opportunity—properties like this don't last long!
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