£270,000

5 bedroom terraced house for sale

Teignmouth, Devon TQ14
terraced house terraced house
bedrooms 5 bedrooms
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Property description

This licensed 5-bedroom House in Multiple Occupation (HMO) with a separate studio flat represents an outstanding investment opportunity in the sought-after location of Bitton Park Road, Teignmouth. Currently accommodating five tenants, the property generates an impressive rental income of £30,324 per annum, offering a strong 11.23% gross yield. The HMO includes four generously sized bedrooms, three of which feature their own en-suites, while the fourth has sole use of the main bathroom, making it perfectly suited for shared living. The separate studio flat provides additional rental income and boasts stunning views over the River Teign, enhancing its appeal. Professionally managed, the property ensures a seamless, hassle-free experience for investors. Its combination of en-suite rooms, a separate studio flat, and an attractive location makes this an exceptional opportunity with excellent returns. Important Note: Buyers are advised to review local HMO licensing regulations and compliance requirements as part of their due diligence. EPC: TBC
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Teignmouth, Devon TQ14

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Pilkington Estates - Stoke 161 Molesworth Road Plymouth PL3 4AJ
Call agent on 01752 942199
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