⚠️STUART’S HMO INVESTMENT WATCH!⚠️
The property is located on Lipson Road, Lipson, Plymouth and is for sale with Lang Town and Country.
The property is currently an eight bedroom HMO.
It’s on the market with a guide price of 325,000. The property should let out for around £35,000 per year, giving a gross return of just under 11%. We would suggest 4 ensuite bedrooms are created in the property and this would increase the rent on the property to just under £40,000, so just over a 12% gross return.
If you are looking for a HMO currently please feel free to get in touch with me for any HMO related advice on 01752 710147 or subscribe to this YouTube channel to be alerted when we add a new video.
