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    Sold STC

    Lipson Road, Plymouth, PL4 8PL

    £390,000Freehold

    921
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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    £1,805 /mo.25 Years, 3.75% Interest
    Loan
    £351,000
    Total Repay
    £541,380

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £9,500
    0% up to £125,000
    2% from £125,000 to £250,000
    5% from £250,000 to £390,000
    Your effective stamp duty rate is 2.44%

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    40 Mannamead Road
    Mutley
    Plymouth
    PL4 7AF

    E: hello@francis-stuart.co.uk
    T: +44 01752 710147

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    Sold STC

    Lipson Road, Plymouth, PL4 8PL

    £390,000

    Terraced house
    9 Bedrooms2 Bathrooms1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:D
    Parking:On Road Parking
    Broadband:up to 1800Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Licensed 9-bedroom HMO Fully compliant with HMO & planning regulations
    Fully compliant with HMO & planning regulations
    £51,540 gross annual 13.22% gross yield based on a £390,000 purchase price.
    Gross Annual estimated Net Annual Income (before maintenance/voids/management): £42,165 Net Yield: 10.81%
    Sui Generis Planning
    Double Glazing & Gas Central Heating
    Managed in-house by Francis Stuart
    EPC - D64

    Description

    A fully licensed and fully compliant 9-bedroom HMO generating £50,400 gross per annum, fully let and managed in-house by Francis Stuart. Delivering a 12.92% gross yield and an estimated 10.52% net yield (before maintenance, voids and management). Prime central Plymouth location close to the University, Mutley Plain and the city centre. Turnkey, high-income asset with tenants in situ and immediate return from day one.

    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 - £485pcm
    Room 2 - £495pcm
    Room 3 - £465pcm
    Room 4 - £510pcm
    Room 5 - £475pcm
    Room 6 - £495pcm
    Room 7 - £495pcm
    Room 8 - £400pcm
    Room 9 - £520pcm
     

    Estimated monthly income: £4,340

    Estimated annual income: £52,080


    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.

     

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