OPEN DAY — MONDAY 20TH OCTOBER BY APPOINTMENT ONLY | 1:30PM – 3:00PMTo book your viewing appointment, please [use Contact Agent Button] North Road East is an impressive seven-bedroom licensed HMO, perfectly positioned right on the doorstep of Plymouth University, the train station, and local favourites such as Mrs Browns.The property has been carefully maintained by the current landlords, who take real pride in keeping it well presented and comfortable for their tenants. Their hands-on approach and consistent attention to detail ensure this home, like the rest of their portfolio – including a six-bedroom HMO also on the market with Francis Stuart in North Road East is always welcoming, practical, and maintained to a high standard.Inside, a bright and inviting entrance hall leads to a stylish, fully fitted kitchen with modern units, a dishwasher, and a breakfast bar — the perfect hub for cooking, socialising, and relaxing. The communal living area provides a spacious and comfortable setting for tenants to unwind together. There are seven good-sized letting rooms arranged over three levels, with a shower room on the ground floor and a spacious bathroom on the first floor featuring a bath, separate shower, and WC.To the rear is a low-maintenance courtyard, providing a practical outdoor space, and there is permit parking available once a permit has been applied for and accepted via Plymouth City CouncilCurrently let on 50-week academic contracts until Mid August 2026 , the property generates a gross annual income of £39,750. After annual running costs of £4,888, this equates to a net income of £34,862, making it a smooth-running and profitable investment.Annual Running Costs (as provided by the landlord): Internet: £348 TV Licence: £175 Utilities: £3,025 Water Rates: £1,340 Total: £4,888 North Road East combines excellent presentation, efficient management, and strong rental performance, making it a ready-made turnkey investment in a prime and convenient location.
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