5 bed terraced house for sale

Carlton Terrace, Lipson, Plymouth, Devon PL4

This five double bedroom terraced house is ideally located close to the City Centre and University of Plymouth. Previously operated as a successful student let, the property offers excellent investment potential and holds an existing HMO licence valid until September 2028, which is fully transferable upon compliance with Plymouth City Council regulations.

Material Infomation

Tenure - Freehold
Council Tax Band - B
Local Authority - Plymouth City Council
Source Of Heating - Gas Central Heating
Source Of Electric - Mains Electric
Source of Water - Mains Water
Arrangement for Sewerage - Mains Sewerage
Parking - On Street - Residents permit parking

Full Description

Currently achieving a student rental value of approximately £500 per week on a 50-week contract, the property represents a strong and reliable rental yield. It is well maintained and fully compliant, with a gas combi boiler serviced and certified with a valid Landlord’s Gas Safety Certificate until July 2026. A Hive heating control system and magneto filter have been installed for added efficiency. The electrical system was upgraded in September 2025, including the installation of AFDDs (Arc Fault Detection Devices) for enhanced safety and compliance.

Connectivity is excellent, with BT Openreach fibre to the premises still active and Virgin Media cable also available for connection. The sale includes white goods - two fridge freezers, a washing machine, and a tumble dryer - all under four years old and pat tested in November 2025, providing peace of mind for any incoming landlord or tenant.

The accommodation comprises a generous kitchen, spacious living area, two (truncated)