Offers over
£240,000
5 bed terraced house for saleBitton Park Road, Teignmouth, Devon TQ14
5 beds
5 baths
3 receptions
Just added
Freehold
About this property
Licensed 5-bedroom HMO plus separate studio flat.
Attractive 11.23% gross yield.
Currently tenanted by five occupants.
Professionally managed for hassle-free ownership.
Level access
Bitton Park Road, Teignmouth, Devon, Tq14
This licensed 5-bedroom House in Multiple Occupation (HMO) with a separate studio flat represents an outstanding investment opportunity in the sought-after location of Bitton Park Road, Teignmouth. Currently accommodating five tenants, the property generates an impressive rental
income of £30,324 per annum, offering a strong gross yield. The HMO includes four generously sized bedrooms, three of which feature their own en-suites, while the fourth has sole use of the main bathroom, making it perfectly suited for shared living. The separate studio flat provides additional rental income and boasts stunning views over the River Teign, enhancing its appeal. Professionally managed, the property ensures a seamless, hassle-free experience for investors. Its combination of en-suite rooms, a separate studio flat, and an attractive location makes this an exceptional opportunity with excellent returns. Important Note: Buyers are advised to review local HMO licensing regulations and compliance requirements as part of their due diligence. EPC: Tbc
This licensed 5-bedroom House in Multiple Occupation (HMO) with a separate studio flat represents an outstanding investment opportunity in the sought-after location of Bitton Park Road, Teignmouth. Currently accommodating five tenants, the property generates an impressive rental
income of £30,324 per annum, offering a strong gross yield. The HMO includes four generously sized bedrooms, three of which feature their own en-suites, while the fourth has sole use of the main bathroom, making it perfectly suited for shared living. The separate studio flat provides additional rental income and boasts stunning views over the River Teign, enhancing its appeal. Professionally managed, the property ensures a seamless, hassle-free experience for investors. Its combination of en-suite rooms, a separate studio flat, and an attractive location makes this an exceptional opportunity with excellent returns. Important Note: Buyers are advised to review local HMO licensing regulations and compliance requirements as part of their due diligence. EPC: Tbc
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