Initial price	£270,000
21/01/25	£250,000
21/02/25	£225,000
Price Change	-16.67%

The Avenue presents an investment opportunity in Newton Abbot as an unlicensed House in Multiple Occupation (HMO), generating a projected rental income of £28,584 per annum and offering a 10% gross yield. The four-bedroom property, in fair condition, features two bathrooms and gated parking, providing secure and desirable off-road parking for tenants. The property is managed 24/7 by a dedicated charity, ensuring a hassle-free experience for investors. Located close to local amenities and transport links, the property is positioned in a high-demand area with strong rental potential. However, buyers should undertake due diligence regarding local HMO licensing regulations and compliance requirements.