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Lisson Grove Mutley, Plymouth
Guide Price £270,000 - £280,000

Lisson Grove, Plymouth. A 5 Double Bedroom HMO Property - Fully Let!

Sold STC
  • Front
    Front
  • Kitchen/Diner
    Kitchen/Diner
  • Bedroom
    Bedroom
  • Bedroom
    Bedroom
  • Bedroom
    Bedroom
  • Bathroom
    Bathroom

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  • Licensed HMO Property in Mutley Plain
  • Communal Room & Kitchen/Diner
  • FIVE DOUBLE BEDROOMS
  • Gas Central Heating
  • On Street Parking (Permit Restrictions Apply)
  • 1623 Sqft
  • FREEHOLD
  • Council Tax Band - B
  • EPC Rating - D

GUIDE PRICE £270,000 - £280,000

Superb opportunity to purchase this 5 DOUBLE bedroom HMO property located just off Mutley Plain, currently let for the remainder of the 2023/2024 academic year and already pre let for the next academic year bringing in a rental figure of £30,000. Offering a rental return of modern than 10%! The property is a fully licensed HMO due to accommodation being over 3 floors and the number of unrelated occupants.

The property consists of a spacious kitchen/dining area, which has been fitted with a modern range of base units with work surfaces over. Additional wall mounted units and spaces for appliances. Also, space within the kitchen for a dining table and chairs. Also on the first floor, a room is being used as a communal room.

There are five bedrooms across the 3 floors, with two double bedrooms on the lower ground floor, one on the ground floor and two more on the first floor. While the property as well offers a shower room on the ground floor and a gorgeous modern four-piece bathroom on the ground floor.

Externally there is a small area of garden to the rear.

This is a superb investment property offering a rental return of more than 10%. Call now for more details or to arrange a viewing. (Please Note: Photos used are pre current tenancy)


Location

Gallery Click to Enlarge

Lisson Grove Mutley
Plymouth PL4 7DN
County: Devon
Sale Type: Sold STC
Ref #: DFP10988
Mark Blanks
Falcon Property
P: 01752600444
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