4 bed terraced house for sale

Stangray Avenue, Mutley, Plymouth PL4

Guide price £210,000 - £220,000. An outstanding turnkey investment opportunity, this fully let four double bedroom HMO is perfectly positioned within easy walking distance of the University of Plymouth and Plymouth City Centre, making it an ideal addition to any investment portfolio. Currently let to four students, the property generates an annual rental income of approximately £22,095 over a 45-week academic year, delivering an attractive yield of circa 9.6%.

The accommodation is well maintained and designed to maximise rental appeal, comprising four generous double letting rooms, two modern shower rooms and a spacious fitted kitchen/dining room with direct access to the rear garden. A separate utility area provides additional practicality, while the enclosed low-maintenance garden benefits from gated rear access to a service lane and an outside WC.

Situated in one of Plymouth's most sought-after student letting locations, the property continues to enjoy strong tenant demand thanks to its proximity to the University, Plymouth City Centre and excellent local amenities.

A ready-made investment with an established rental income, excellent yield and proven letting history, this is a fantastic opportunity for both experienced and first-time investors alike.