Alexandra road , Plymouth
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Description
Fully Managed 6 Bedroom HMO Investment Producing £40,416 Per Annum
Shorey Bailey are happy to bring to the market this six-bedroom HMO investment property Ideally located on Alexandra Road, the property is within easy reach of Plymouth City Centre, local amenities, transport links, Plymouth University.
Currently occupied by working professionals, the property generates a gross rental income of £3,368 per calendar month (£40,416 per annum) and is offered as a fully managed investment, making it an ideal turnkey addition to an investor's portfolio.
The accommodation comprises six generously proportioned letting rooms, with five of the six bedrooms benefitting from their own wash hand basin, enhancing tenant convenience and appeal and potential for further future development. The property further benefits from a spacious communal lounge, modern fitted kitchen, ground floor utility room and two contemporary shower rooms.
The modern kitchen is fitted with a range of matching units and integrated appliances, while the separate communal lounge provides attractive shared living space for residents. Externally, there is an enclosed rear garden/courtyard, providing valuable outdoor amenity space.
The property's generous room sizes, excellent communal facilities and sought-after location have made it particularly attractive to professional occupiers and continue to support strong rental demand.
Accommodation
Communal Lounge
12'1" x 11'0" (3.68m x 3.37m)
Modern Fitted Kitchen
12'2" x 8'7" (3.71m x 2.64m)
Utility Room
8'6" x 7'7" (2.60m x 2.33m)
Bedroom One
18'8" x 13'9" (5.70m x 4.19m)
Bedroom Two
18'7" x 13'8" (5.67m x 4.16m)
Bedroom Three
18'8" x 10'3" (5.69m x 3.14m)
Bedroom Four
10'4" x 10'4" (3.15m x 3.15m)
Bedroom Five
18'8" x 10'8" (5.70m x 3.26m)
Bedroom Six
14'4" x 11'0" (4.37m x 3.35m)
Key Features
- Fully let six-bedroom HMO
- Let to working professionals
- Gross rental income of £3,368 PCM
- Annual gross income of £40,416
- Fully managed investment
- Large double bedrooms throughout
- Five rooms with wash hand basins
- Spacious communal lounge
- Modern fitted kitchen
- Utility room
- Two shower rooms
- Gas central heating
- uPVC double glazing
- Enclosed rear garden/courtyard
- Highly sought-after Mutley location
- Strong and established rental demand
Material Information
Tenure: Freehold
Property Type: Mid-Terraced HMO Investment Property
Bedrooms: 6
Current Occupancy: Fully Let
Management: Fully Managed by Shorey Bailey & co
Local Authority: Plymouth City Council
Council Tax Band: C
EPC Rating: D
Postcode: PL4 7EH
Utilities & Services
- Mains Gas
- Mains Electricity
- Mains Water
- Mains Drainage
- Gas Central Heating
- Ultrafast Virgin media Broadband installed
- Mobile Coverage Available Map Your Mobile
Parking
On-street permit parking available, subject to local authority regulations.
Contact the team at Shorey Bailey & co for more information and to book a viewing.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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