Offers over
£270,000
5 bed terraced house for saleBitton Park Road, Teignmouth, Devon TQ14
5 beds
5 baths
3 receptions
- Freehold
Pilkington Estates
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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.
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 11.23% 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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