Stuart’s Plymouth HMO Investment Watch – Seymour Avenue, Plymouth

The property is located on Seymour Avenue, St Judes and is for sale with our sister company Champion Stuart.

The property is currently a six bedroom HMO. Two bedrooms, living area, kitchen and shower room on the ground floor and a further four bedroom and shower room on the first floor.

The property should be renovated and configured to a six bedroom HMO with four ensuite bedrooms and two further bedrooms.

It’s on the market with a guide price of 200,000 to £210,000. If you re-configured the property, I would expect you to achieve an income of £30,000, giving a gross return of 11.5%.

If you are looking for a HMO currently please feel free to get in touch with me for any HMO related advice.

https://www.zoopla.co.uk/for-sale/details/48986552?search_identifier=e0522c26866774c2fd2c4b8f13e9424b&fbclid=IwAR1sEWmSga1T8qqyN4CuXSBVnUc_SnDhAT5idmZAQDRXA7U2_U6gz7RWx9Q

Stuart Donnington

Stuart Donnington

Stuart is Property Mark qualified in Residential Lettings and Property Management with around 20 years experience as a landlord, along with over 10 years experience managing Sales and Lettings Estate Agencies. With years of valuable experience as an entrepreneur, Stuart's expertise is priceless.

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