13-bedroom house · PL4 6BW
For saleListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £600,000 - £625,000.
Occupying a prime central position just a short walk from the University of Plymouth, Mutley Plain and Plymouth City Centre, this substantial four-storey period property represents an outstanding turnkey investment opportunity.
A fully licensed HMO with an exceptional reputation, it has been privately owned and professionally managed for approximately 28 years, enjoying consistently high tenant demand and is fully let for the forthcoming academic year, generating an annual income of approximately £69,570 (45-week term).
Retaining a wealth of original character, including stunning stained glass, a tiled entrance vestibule, ornate carved staircase and decorative ceiling mouldings, the property offers spacious and versatile accommodation.
There are 13 letting bedrooms across 4 floors, generous communal lounge, two modern fitted kitchens, and three WC/shower facilities.
Further benefits include gas central heating, uPVC double glazing and an HMO licence for up to 13 occupants across 13 households.
Externally, the property boasts a large rear car park providing space for approximately eight vehicles, together with a detached double garage benefiting from planning permission to convert into two self-contained one-bedroom flats, offering excellent scope to further enhance the investment.
A rare opportunity to acquire a high-yielding asset in one of Plymouth's most sought-after student and professional letting locations.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 19, Sutherland Road, Plymouth
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