Income-ready Victorian HMO close to Plymouth University with off-street parking.
Five bedrooms arranged as a successful HMO, fully let next academic year
A substantial five-bedroom Victorian mid-terrace in Mutley, offered freehold and currently configured as a successful HMO. Located within easy walking distance of Plymouth University, Mutley Plain amenities and public transport, the house delivers immediate rental income: it is fully let for the next academic year. The property includes a large utility area and rare off-street parking for the street, both useful for lettings and tenant convenience.
Internally the home retains period features — bay windows, high ceilings and a working fireplace — and presents well for communal living. Broadband is fast and mobile signal excellent, supporting modern tenant needs. EPC rating D and mains gas central heating with a boiler and radiators are in place.
Buyers should note material factors: the terrace is older (c.1900–1929) with stone walls assumed uninsulated, double glazing install date unknown, and some external wear that needs maintenance. The location scores above-average for crime and the wider area has indicators of deprivation; these affect tenant mix, insurance and management considerations.
This property suits an investor seeking an income-producing student HMO with room to reconfigure or to maintain as-is for steady returns. It offers immediate cashflow but will benefit from targeted maintenance, potential insulation improvements and ongoing HMO management to protect long-term value.