£325,000

9 bedroom terraced house for sale

Torquay, Devon TQ2
terraced house terraced house
bedrooms 9 bedrooms
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Property description

Situated in the heart of Torquay is this remarkable investment opportunity as a fully operational nine-bedroom House in Multiple Occupation (HMO). The property currently generates a rental income of £37,400 per annum, delivering a 11.5% gross yield based on the asking price of £325,000. The property features nine generously sized bedrooms, three bathrooms, a quaint and functional kitchen suitable for shared living, and a maintainable garden that adds value for tenants. Its desirable location ensures strong tenant demand, with convenient access to Torquay’s amenities, transport links, and coastal attractions. This high-yield investment offers a fantastic opportunity for investors seeking a secure and established rental property. Prospective buyers are encouraged to review all HMO licensing and regulatory requirements as part of their due diligence.
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Torquay, Devon TQ2

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Pilkington Estates - Stoke 161 Molesworth Road Plymouth PL3 4AJ
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Pilkington Estates - Stoke. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pilkington Estates - Stoke for full details and further information.
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