6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Mildmay Street, Plymouth
£305,000

Price History

Initial price £320,000
02/07/25 £305,000
Price Change -4.69%

Description

This substantial six-bedroom, two-bathroom HMO in a desirable area is now available for purchase, offering a rare opportunity to acquire a turnkey investment with immediate income and minimal management responsibilities. The property is currently fully let to a reputable company on a corporate lease, generating a gross annual income of £40,560. Each of the six bedrooms is generously sized, fully furnished, and compliant with current HMO regulations, making it ideal for professional occupants. The property benefits from strong demand from both the professional and student rental markets, with close proximity to key transport links, major employers, universities, and local amenities. With a fixed monthly rental income paid by the company, this investment offers long-term rental stability and a steady income stream.