Initial price	£375,000
21/01/25	£350,000
21/02/25	£325,000
14/03/25	£300,000
Price Change	-20.00%

This spacious five-bedroom property in Newton Abbot is an excellent investment opportunity as an unlicensed House in Multiple Occupation (HMO), with a projected rental income of £36,048 per annum and a gross yield of 9.6%. The property is situated close to the town center, offering easy access to amenities, transport links, and services, making it a highly desirable rental option. The property features five generously sized bedrooms, a well-appointed kitchen, a downstairs WC, and a family bathroom, as well as a manageable garden that can be converted into a carport. The property is managed 24/7 by a professional charity, ensuring consistent tenant care and a hassle-free ownership experience. With its strong rental potential, excellent location, and scope for further enhancement, this property presents a fantastic opportunity for savvy investors.