Summary - 28 FORD PARK ROAD PLYMOUTH PL4 6RD
7 bed 2 bath Terraced
**Standout Features:**
- Fully licensed 7-bedroom HMO, generating a gross annual income of £36,048 and a net income of £30,994.50.
- Recently refurbished with a modern kitchen and spacious communal lounge.
- Two modern shower rooms and two additional WCs for convenience.
- Prime location, just a short walk to the University of Plymouth and amenities on Mutley Plain.
- South-facing garden with outdoor seating.
**Potential Concerns:**
- Small plot size; on-street parking only.
- Ongoing service charges and council tax liability (exempt status should be verified).
This exceptional 7-bedroom licensed HMO presents a remarkable investment opportunity in one of Plymouth's most desirable student areas. With newly refurbished interiors featuring a sleek kitchen and generous communal spaces, it offers comfort and convenience that attracts consistent tenants. Positioned close to the University of Plymouth, it guarantees high rental demand, and with a current gross yield of 10.01%, the prospects for continued profitability are bright.
The property benefits from a south-facing garden—a rare find for HMO properties—and two modern shower rooms to accommodate tenants effectively. As it is fully let for the 2025 academic year, it stands as a turnkey investment that requires minimal immediate attention, allowing you to enjoy the benefits right away. Ideal for investors seeking reliable income, this property allows you to enter the rental market in a popular student location. Viewings are highly encouraged to seize this outstanding opportunity before it's gone!
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
7 bedroom terraced house for sale in Ford Park Road, Mutley, Plymouth, PL4 — £360,000 • 7 bed • 2 bath • 1586 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 Mount Gould Road, Plymouth, PL4 — £230,000 • 5 bed • 2 bath • 1669 ft²
5 bedroom terraced house for sale in Alexandra Road, Mutley, Plymouth, PL4 — £250,000 • 5 bed • 2 bath • 1553 ft²
5 bedroom terraced house for sale in Salcombe Road, Plymouth, PL4 — £315,000 • 5 bed • 2 bath • 1497 ft²
