**Standout Features:**
- Licensed 5-bedroom HMO with a separate studio flat
- Strong 11.23% gross yield, generating £30,324 annual rental income
- Four bedrooms with en-suites and a separate bathroom
- Excellent location with river views from the studio flat
- Professionally managed for hassle-free ownership
- Low crime rate in a city or major town
**Potential Concerns:**
- The property may require modernization
- Small overall size with limited outdoor space
This exceptional Victorian terraced house in Teignmouth offers a lucrative investment opportunity with a licensed 5-bedroom House in Multiple Occupation (HMO) and an additional studio flat. Currently tenanted by five occupants, it boasts an attractive gross yield of 11.23%, providing consistent income for savvy investors. The property's generous bedroom configurations, including three en-suite bathrooms, cater perfectly to the demands of shared living while the separate studio flat adds further rental potential with enchanting views over the River Teign.
Enjoy seamless ownership with this professionally managed asset, set in a vibrant area rich with amenities and a low crime rate, ensuring a safe and appealing environment for tenants. While potential buyers may need to consider possible modernization, the location and revenue potential make this property a standout choice that won't last long on the market. Act quickly to secure a piece of this promising investment that blends comfort, future flexibility, and profitability.