Summary - 8 APSLEY ROAD PLYMOUTH PL4 6PJ
15 bed 15 bath End of Terrace
Turnkey high-yield 15-bedroom HMO near university and transport links.
15 ensuite bedrooms, fully let generating £92,580 pa
A substantial 15-bedroom period end-terrace in Mutley, offered freehold and chain-free, presents a turnkey HMO investment currently producing £92,580 pa (10.3% yield). Laid out across multiple floors, each bedroom has its own shower room; communal spaces include a kitchen/diner and a first-floor sitting room. The property is fully let, delivering an immediate income stream and straightforward portfolio addition for an investor targeting student and professional lets.
Practical features include mains gas central heating with a dedicated boiler room, roof-mounted solar panels reducing running costs, off-street hardstand parking and a low-maintenance paved courtyard garden. Constructed before 1900, the façade retains Victorian character with high ceilings and large bay windows that add lettable appeal to students and young professionals.
Notable considerations: the dwelling has an EPC rating of D and assumed uninsulated granite/whinstone walls, so further thermal upgrades could improve efficiency and appeal. Council Tax Band D applies and the surrounding area is classified as deprived with average crime levels — factors that should be weighed when assessing long-term capital growth versus rental yield. Double glazing is present but installation date is unknown; some maintenance or modernisation may be beneficial over time.
Overall this is a high-yield, operational HMO in a cosmopolitan student neighbourhood close to the university, city centre and transport links. It suits an investor seeking immediate rental income with potential to increase net returns through targeted energy and fabric improvements.
6 bedroom terraced house for sale in Lisson Grove, Mutley, PL4 — £300,000 • 6 bed • 2 bath • 3057 ft²
6 bedroom terraced house for sale in Beechwood Avenue, Mutley, Plymouth. Large 6 bed FULLY LET student HMO, PL4 — £337,500 • 6 bed • 2 bath • 2110 ft²
9 bedroom terraced house for sale in Lipson Road, Plymouth, PL4 8PL, PL4 — £400,000 • 9 bed • 2 bath • 1794 ft²
5 bedroom terraced house for sale in Alexandra Road, Mutley, Plymouth, PL4 — £250,000 • 5 bed • 2 bath • 1553 ft²
14 bedroom detached house for sale in Outland Road, Plymouth, Devon, PL2 — £800,000 • 14 bed • 10 bath
5 bedroom terraced house for sale in Mount Gould Road, Plymouth, PL4 — £230,000 • 5 bed • 2 bath • 1669 ft²
