Summary - 48 BEATRICE AVENUE LIPSON PLYMOUTH PL4 8QB
6 bed 2 bath Terraced
Licensed 6-bedroom HMO fully let to professionals producing £33,600 gross pa
EPC C with mains gas boiler and double glazing throughout
Spacious bay-front rooms, high ceilings and period features
Good kitchen/diner, separate shower room, bathroom and laundry room
Enclosed rear courtyard with storage shed; small external space
Pre-1900 granite walls; likely no cavity wall insulation
Street parking limited; residential street with parking issues
Property requires routine maintenance and potential efficiency upgrades
Set over two storeys in Lipson, this Victorian mid-terrace is arranged and licensed as a six-bedroom HMO, fully let to working professionals on 12-month tenancies. It produces a gross income of £33,600 pa and benefits from double glazing, gas central heating and an EPC rating of C — a straightforward, income-generating urban investment close to the city centre, university and Freedom Fields Park.
The accommodation is spacious by HMO standards: bay-fronted rooms with high ceilings and period detail provide strong letting rooms, and the ground floor includes a good-sized kitchen/diner, separate shower room and a laundry room. There is an enclosed rear courtyard with a storage shed and pedestrian rear lane access, plus all mains services connected.
Important considerations: the building is a pre-1900 stone/granite mid-terrace and external walls are assumed uninsulated, which may affect running costs and retrofit options. The plot and outdoor space are small, street parking can be limited, and the property shows signs of general maintenance needs typical of period HMOs. The current HMO use and licence, together with immediate rental returns, make this best suited to an investor or portfolio landlord prepared to manage or budget for periodic upkeep and possible energy-efficiency improvements.
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