Offers over
£280,000
9 bed terraced house for saleWarren Road, Torquay, Devon TQ2
9 beds
3 baths
1 reception
Just added
Freehold
About this property
HMO Property
Level access
Warren Road
Situated in the heart of Torquay is this remarkable investment opportunity as a fully operational nine-bedroom House in Multiple Occupation (HMO). The property currently generates a rental income of £37,400 per annum, delivering an attractive gross yield based on the asking price of £280,000. The property features nine generously sized bedrooms, three bathrooms, a quaint and functional kitchen suitable for shared living, and a maintainable garden that adds value for tenants. Its desirable location ensures strong tenant demand, with convenient access to Torquay’s amenities, transport links, and coastal attractions. This high-yield investment offers a fantastic opportunity for investors seeking a secure and established rental property. Prospective buyers are encouraged to review all HMO licensing and regulatory requirements as part of their due diligence.
Situated in the heart of Torquay is this remarkable investment opportunity as a fully operational nine-bedroom House in Multiple Occupation (HMO). The property currently generates a rental income of £37,400 per annum, delivering an attractive gross yield based on the asking price of £280,000. The property features nine generously sized bedrooms, three bathrooms, a quaint and functional kitchen suitable for shared living, and a maintainable garden that adds value for tenants. Its desirable location ensures strong tenant demand, with convenient access to Torquay’s amenities, transport links, and coastal attractions. This high-yield investment offers a fantastic opportunity for investors seeking a secure and established rental property. Prospective buyers are encouraged to review all HMO licensing and regulatory requirements as part of their due diligence.
Mortgage calculator
Monthly repayment
£1,400 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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