Summary - 30 FORD PARK ROAD PLYMOUTH PL4 6RD
7 bed 2 bath Terraced
**Standout Features:**
- 7-bedroom fully licensed HMO
- Two shower rooms and additional WCs
- Gross annual rental income of £39,120
- Recently refurbished communal living space
- Generous south-facing garden
- Located near the University of Plymouth
**Notable Concerns:**
- Sold with tenants in situ, requiring ongoing management
- Average crime rate in the local area
Discover a prime investment opportunity with this fully licensed 7-bedroom house in the highly sought-after area of Ford Park Road, Plymouth. Generating an impressive annual income of £39,120, this property is situated just a short walk from the University of Plymouth, making it exceptionally appealing to student renters. The interior has been thoughtfully refurbished to create a comfortable living environment with modern furnishings and stylish stripped flooring throughout.
With two shower rooms and additional WCs, the layout effectively caters to a high occupancy rate. Each bedroom is equipped with Ethernet and TV points, offering convenience that is attractive for tenants. The private south-facing garden provides a relaxing retreat, while on-street and permit parking supports easy access.
Though the investment comes with tenants currently in place, it's perfect for investors looking for a hassle-free addition to their portfolio without the need for immediate renovations. The property is compliant with safety regulations and boasts a net return of approximately 9.09%, making it a sound financial choice for any investor. Don't miss your chance to secure this income-generating asset in a bustling student neighborhood—early viewings are highly recommended!
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