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
£290,000

Price History

Initial price £325,000
21/01/25 £300,000
21/02/25 £290,000
Price Change -10.77%

Description

This 4-bedroom House in Multiple Occupation (HMO) with a separate studio flat in Teignmouth is an exceptional investment opportunity, generating an impressive rental income of £30,324 per annum with a strong 9.33% gross yield. 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 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 HMO presents an outstanding opportunity with excellent returns. However, buyers are advised to review local HMO licensing regulations and compliance requirements as part of their due diligence.