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5 bedroom terraced house for sale
Bitton Park Road, Teignmouth, Devon, TQ14
£290,000
Bitton Park Road, Teignmouth, Devon, TQ14
£290,000
Price History
Initial price | £325,000 |
21/01/25 | £300,000 |
21/02/25 | £290,000 |
Price Change | -10.77% |
Description
This licensed 4-bedroom House in Multiple Occupation (HMO) with a separate studio flat in Teignmouth offers an outstanding investment opportunity, generating an impressive rental income of £30,324 per annum and providing a strong 9.33% gross yield. The HMO features four generously sized bedrooms, three with en-suites, and a main bathroom, making it well-suited for shared living. The separate studio flat boasts stunning views over the River Teign and provides additional rental income. The property 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 is an exceptional opportunity with excellent returns.