Mutley, Plymouth
Abingdon Road, Mutley
Abingdon Road, Mutley, Plymouth
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Situated in a quiet street just off North Hill and within easy walking distance of Mutley Plain, Plymouth University and the City Centre, this substantial Victorian mid-terrace property presents an excellent investment opportunity in one of Plymouth's most consistently popular rental locations.
The home, in the agent’s words
- Substantial Seven-Bedroom HMO
- Prime Central Plymouth Location
- Gross Income Potential of £43,620 PA
- Established Tenant Base
- Seven Double Letting Rooms
- Two Communal Kitchens
- Two Shower Rooms
- Separate Utility Room
- Walking Distance to University & City Centre
- Excellent Investment Opportunity
Read the full agent description
*FULLY LET - £43,380 PA*
Situated in a quiet street just off North Hill and within easy walking distance of Mutley Plain, Plymouth University and the City Centre, this substantial Victorian mid-terrace property presents an excellent investment opportunity in one of Plymouth's most consistently popular rental locations.
Arranged over four storeys, this deceptively spacious property is currently configured as a seven-bedroom House in Multiple Occupation (HMO), offering generous accommodation throughout. The layout comprises seven double letting rooms, two communal kitchens, two shower rooms, a utility room and a bright communal lounge within the sun room. Externally, the property benefits from a small front garden and an enclosed paved courtyard to the rear.
The property is currently fully let, with seven tenants, and offers investors an established income stream from day one. The property is generating a gross rental income of £3,615 PCM (£43,380 per annum), making it an attractive addition to any investment portfolio.
Current room rents are as follows:
Room 1 - £525 PCM
Room 2 - £500 PCM
Room 3 - £495 PCM
Room 4 –£515 PCM
Room 5 – £535 PCM
Room 6 - £520 PCM
Room 7 - £525 PCM
All bills are included within the rent, enhancing the appeal to prospective tenants and helping to maintain strong occupancy levels. The property's prime location continues to attract demand from both working professionals and those seeking convenient access to local amenities, public transport links, the University and the city centre.
Offered for sale with an established tenant base and excellent income potential, this is a rare opportunity to acquire a sizeable and well-located HMO in a proven rental area.
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About these property details
The information provided in this listing is for general information purposes only and does not constitute property particulars. We make no warranties or guarantees, express or implied, regarding the accuracy, completeness, or availability of the information.
Property details are provided by the listing agent, developer, or other third parties, and we have no control over the content provided. Prospective buyers or tenants should make their own enquiries and verify all information directly with the agent or relevant party.
Information relating to Energy Performance Certificates, Home Reports, or other statutory documents should be obtained directly from the selling agent or developer where applicable.