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Totnes Road, Paignton, Devon, TQ4
**Upcoming Open Day Event - Viewings strictly by appointment only**
This fully licensed six-bedroom House in Multiple Occupation (HMO) presents an exceptional investment opportunity, offering a strong and reliable income stream. With a current rental income of £47,112 per annum, the property delivers an attractive 9.76% gross yield. The property includes six well-proportioned bedrooms, four of which benefit from en-suite facilities, enhancing tenant appeal and rental potential. A large dining area provides a communal space ideal for shared living, complemented by a fair-sized kitchen designed to accommodate multiple occupants. Managed 24/7 by a dedicated charity, the property ensures a hassle-free investment experience with professional oversight and tenant management in place. This licensed HMO offers a turn-key solution for investors looking to acquire a high-yield, low-maintenance property in a thriving rental market. Buyers are encouraged to confirm compliance with all licensing requirements and regulations as part of their due diligence. EPC: TBC
This property is marketed by
Pilkington Estates - Sutton Harbour Head Office, Plymouth, PL4
4.7/5 Rating
(509) reviews
Agent Statistics (Based on 509 Reviews) :