Skip to content
Get brand editions for Martin & Co, Plymouth

Lisson Grove, Plymouth

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

3

SIZE

Ask agent

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Five Bedroom HMO With 12.5% Yield
  • Approximate Gross Annual Income: £34,000
  • Highly Sought After Mutley Location
  • Spacious Layout With Period Features Throughout
  • Downstairs W/C & Shower Room | Bathroom Upstairs
  • Large Front Communal Garden
  • Four Large Double Rooms
  • One Large Double En-Suite Room
  • EPC: Band D (Being Reviewed)
  • Council Tax: Band B

Description

SUMMARY ***UNLOCK INVESTMENT POTENTIAL WITH THIS HIGH-YIELD HMO PROPERTY! (12.5% YIELD)***

12.5% yield! HMO property in charming period style offers spacious layout, ideal for multiple tenants. En-suite bathroom, gas heating, gardens & central location near shops, restaurants & the Hoe. Don't miss out! 

LOCATION Lisson Grove, situated within the sought-after Mutley area of Plymouth, offers a delightful blend of city convenience and peaceful living. This residential neighbourhood boasts easy access to the city centre's shops, cafes, and restaurants, while also placing you within walking distance of the historic Barbican district and the scenic Plymouth Hoe. With the Lisson Grove Medical Centre conveniently located nearby, Lisson Grove presents an attractive option for professionals, families, and anyone seeking a vibrant and well-connected Plymouth address. 

DESCRIPTION Calling all savvy investors! This exceptional HMO property in a period style presents a fantastic opportunity to secure a consistent and healthy return on your investment.

Step inside and discover a spacious and versatile layout that maximizes rental potential. The welcoming entrance hall leads you past a convenient WC and shower room - ideal for tenants. Two large double bedrooms offer ample living space for individual occupants, while a communal living room provides a comfortable area for socializing. The well-equipped kitchen boasts integrated appliances, making meal preparation a breeze.

Head upstairs to discover three further double bedrooms, each perfect for individual occupancy. One bedroom even features its own en-suite bathroom, ensuring additional privacy for a premium tenant. A further bathroom on this floor caters to the remaining bedrooms. 

ADDITIONAL BENEFITS ADD TO THE OVERALL APPEAL OF THIS INVESTMENT: Gas-fired central heating: Ensures year-round comfort for your tenants, keeping them happy and minimizing maintenance costs.

Large front garden: Provides a green space for tenants to enjoy the outdoors.

Enclosed rear yard: Offers a secure and private space for tenants to relax or socialize.

Energy Performance Certificate (EPC) Band D: Indicates reasonable running costs for the property.

Currently generating a strong 12.5% yield, this HMO property is a must-see for any investor seeking a profitable addition to their portfolio.

Don't miss out on this exceptional opportunity! 

VIEWINGS Interested applicants should call Martin & Co (Plymouth) today on in order to arrange their viewing appointment. 

NOTICE TO APPLICANTS We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Move With Us conveyancing. It is your decision whether you choose to deal with Move with Us. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral. 
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street,Permit
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Lisson Grove, Plymouth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Plymouth Station0.5 miles
  • Devonport Station1.7 miles
  • Dockyard Station1.9 miles
Check how much you can borrow
Get a Mortgage in Principle
You'll have a personalised result in just 20 minutes and you could get viewings faster when you find the home you want, with no impact on your credit score.Powered bynationwide
Recently sold & under offer
See similar nearby properties
Get brand editions for Martin & Co, Plymouth

About the agent

Martin & Co, Plymouth

27 Mutley Plain, Mutley, Plymouth, PL4 6JG

Martin & Co, Plymouth
About us 

We are an established estate agent and letting agent based in Plymouth. We specialise in sales, lettings and property management and take pride in delivering an exceptional service to sellers, buyers, landlords and investors alike

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof. Our company has always been at the forefront of property marketing technology, bu

More properties from this agent

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 101449009346. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Plymouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.