Totnes Road, Devon TQ4 8 bed terraced house for sale

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Totnes Road, Devon TQ4 8 bed terraced house for sale

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.