Initial price	£350,000
17/12/25	£340,000
Price Change	-2.86%

This seven-bedroom licensed HMO is situated in a prime location near Plymouth University, the train station, and local amenities. The property has been well-maintained by the current landlords, who have ensured it is always welcoming, practical, and maintained to a high standard. The interior features a bright entrance hall, a stylish kitchen with modern units, a communal living area, and seven good-sized letting rooms arranged over three levels. The property also has a low-maintenance courtyard and permit parking available. Currently let on 50-week academic contracts until 2026, the property generates a gross annual income of £39,750, with a net income of £34,862 after annual running costs. The seller has advised that the potential gross rent for the next academic year is expected to increase to £41,750. Overall, North Road East combines excellent presentation, efficient management, and strong rental performance, making it a ready-made turnkey investment in a convenient location.