Bitton Park Road, Devon TQ14 5 bed terraced house for sale

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Bitton Park Road, Devon TQ14 5 bed terraced house for sale

Bitton Park Road, Devon TQ14
£250,000

Price History

Initial price £325,000
21/01/25 £300,000
21/02/25 £290,000
14/03/25 £270,000
12/04/25 £250,000
Price Change -23.08%

Description

This licensed 4-bedroom House in Multiple Occupation (HMO) with a separate studio flat in Teignmouth is an outstanding investment opportunity, generating a strong 11.23% gross yield with a rental income of £30,324 per annum. The property features four generously sized bedrooms, three with en-suites, and a separate studio flat with stunning views over the River Teign, providing additional rental income. The HMO is professionally managed, ensuring a hassle-free experience for investors. With its combination of en-suite rooms, a separate studio flat, and attractive location, this property offers excellent returns, making it an exceptional opportunity for investors.