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

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)