High-Yield 9-Bed Licensed HMO 13.22%
A high-performing, fully let 9-bedroom HMO generating a strong £51,540 gross annual income, representing an impressive 13.22% gross yield based on a £390,000 purchase price. With an estimated net annual income of approximately £40,920 (before maintenance, voids and management costs), the property delivers a projected 10.81% net yield, offering immediate cash flow from day one.
Professionally operated and positioned within one of Plymouth’s strongest rental locations, this investment combines robust returns, consistent tenant demand and long-term stability making it an excellent addition to any serious investor’s portfolio.
A substantial and fully compliant 9-bedroom licensed HMO, generating £51,540 gross per annum, currently fully let to professional tenants and managed in-house by Francis Stuart.
Offered at £390,000, this superb turnkey investment delivers an impressive 13.22% gross yield and an estimated 10.81% Net Yield (before maintenance/voids/management).
Situated in a prime central Plymouth location, within easy reach of the University, Mutley Plain and the city centre, the property benefits from consistently high tenant demand and excellent long-term rental fundamentals.
Arranged over three spacious floors, the property provides nine generously proportioned bedrooms, a modern communal lounge and a well-equipped fitted kitchen, creating a comfortable and practical shared living environment. There are three contemporary shower rooms together with multiple WCs, ensuring convenience for all occupants.
The property is fully licensed, fully compliant with current HMO regulations and benefits from the relevant planning consents, offering investors confidence and peace of mind. With professional tenants in situ and ongoing in-house management by Francis Stuart, it represents a stable, hands-off income-producing asset from day one.
Room 1 – £465 pcm
Room 2 – £495 pcm
Room 3 – £465 pcm
Room 4 – £495 pcm
Room 5 – £475 pcm
Room 6 – £495 pcm
Room 7 – £485 pcm
Room 8 – £400 pcm
Room 9 – £520 pcm
Monthly Total – £4,295
Yearly – £51,540
Yield – 13.22 %
Landlord Running Costs (as advised by current owner)
Electricity – Approx. £183 pcm
Gas – Approx. £213 pcm
Water – £166.25 pcm
Council Tax – £136 pcm
Internet (Virgin Media high-speed package) – £83 pcm
Total Monthly Costs: Approx. £781.25
Annual Costs: Approx. £9,375
Investment Summary (Based on £390,000 Purchase Price)
Gross Annual Income: £51540
Gross Yield: 13.22%
Estimated Net Annual Income (before maintenance/voids/management): £42,165
Net Yield: 10.81%
A high-performing, professionally managed HMO in one of Plymouth’s strongest rental zones, offering immediate income, regulatory compliance and long-term investment stability.
