Summary - 26 SALISBURY ROAD PLYMOUTH PL4 8QT
6 bed 5 bath Terraced
Chain-free, fully let HMO with studio — investor-ready in St Judes..
HMO licensed and fully let for 2025/26 (immediate income)
Set in St Judes, this Victorian mid‑terrace is presented as a licensed HMO and comes fully let for the 2025/26 academic year — an investor-ready purchase delivering immediate rental income. The building retains period character such as bay windows and high ceilings, while internal areas have been updated with a modern kitchen and double glazing. A self-contained studio adds letting flexibility and boosts income potential.
The property is offered chain-free and in generally good condition, making it straightforward to take over existing tenancies. EPC rating C and mains gas central heating are practical benefits for running costs. Its compact footprint and small garden suit low-maintenance urban investment rather than family amenity space.
Material considerations are clear: the building dates from the early 20th century and external walls are granite/whinstone with assumed no cavity insulation, which could mean future expenditure to improve thermal performance. The immediate neighbourhood is classified as a cosmopolitan student area with above-average crime and wider area deprivation — factors to weigh against rental yields and management requirements.
Overall this is a practical, income-producing HMO in a student-and-professional neighbourhood. It will suit investors wanting one-stop acquisition with tenants in situ, and those comfortable managing city-centre rental stock with some area-related risks.
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