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Totnes Road, Devon TQ4 8 bed terraced house for sale
Totnes Road, Paignton, Devon, TQ4
£350,000
Totnes Road, Paignton, Devon, TQ4
£350,000
Price History
Initial price | £425,000 |
21/01/25 | £400,000 |
21/02/25 | £375,000 |
14/03/25 | £350,000 |
Price Change | -17.65% |
Description
This six-bedroom House in Multiple Occupation (HMO) is an attractive investment opportunity, offering a strong and reliable income stream with a current rental income of £47,112 per annum and a gross yield of 9.76%. The property features six well-proportioned bedrooms, four with en-suite facilities, and a large dining area and fair-sized kitchen that provide a communal space for shared living. The property is managed 24/7 by a dedicated charity, ensuring a hassle-free investment experience with professional oversight and tenant management. With a turn-key solution and a thriving rental market, this licensed HMO is an excellent choice for investors seeking a high-yield, low-maintenance property.