5-bedroom terraced house · PL4 6HB
Listing removedListed 58 days
Opportunity summary
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About
An excellent opportunity to acquire this substantial five-bedroom HMO Investment property, ideally situated in a prime central location, within easy reach of Plymouth City Centre, the University of Plymouth and a wide range of local amenities.
The property is fully let to Students for the 2026/2027 academic year on 48-week tenancies, producing a gross rental income of £31,200 per annum.
The spacious and versatile accommodation is arranged over multiple levels and comprises an entrance vestibule and welcoming entrance hall, leading to a generous communal room and modern fitted kitchen.
There are five double letting rooms, together with an additional store/study room.
The property is particularly well served by its facilities, with a shower room, an impressive top-floor bathroom, a useful utility area and separate cloakroom/WC.
Externally, the property benefits from an enclosed communal courtyard garden, providing valuable outside space for tenants.
EPC - D An excellent opportunity to acquire this substantial five-bedroom HMO Investment property, ideally situated in a prime central location, within easy reach of Plymouth City Centre, the University of Plymouth and a wide range of local amenities.
The property is fully let to Students for the 2026/2027 academic year on 48-week tenancies, producing a gross rental income of £31,200 per annum.
The spacious and versatile accommodation is arranged over multiple levels and comprises an entrance vestibule and welcoming entrance hall, leading to a generous communal room and modern fitted kitchen.
There are five double letting rooms, together with an additional store/study room.
The property is particularly well served by its facilities, with a shower room, an impressive top-floor bathroom, a useful utility area and separate cloakroom/WC.
Externally, the property benefits from an enclosed communal courtyard garden, providing valuable outside space for tenants.
EPC - D Opaque UPVC double glazed door to; entrance vestibule Archway to; entrance hall Staircase to first and lower ground floors, panelled radiator, doors lead from the entrance hall providing access to all ground floor rooms.
Communal room Stripped wood flooring, panelled radiator, UPVC double glazed bay window to front elevation.
Kitchen 12'7 x 12'7 (3.9m x 3.9m) Well fitted with a range of light grey matt base and eye level storage cupboards, granite effect worktops, inset oven and 5 burner gas hob with extractor canopy over, inset one and a half bowl single drainer stainless steel sink unit, plumbing for a dishwasher, space for a fridge freezer, panelled radiator, UPVC double glazed window to rear elevation.
Shower room The shower room is situated off the entrance hallway and is accessed via a doorway beneath the stairs.
Corner glazed shower cubicle, corner wash hand basin, panelled radiator, ceramic tiled flooring, extractor fan, opaque UPVC double glazed window to side elevation.
Lower ground floor hallway Opaque UPVC double glazed door to front elevation, panelled radiator.
Letting room one 15'7 into bay x 14'1 (4.8m into bay x 4.3m) Panelled radiator, UPVC double glazed bay window to front elevation.
Letting room two 12'1 x 11'1 (3.7m x 3.4m) Panelled radiator, UPVC double glazed window to rear elevation. Utility area Wall mounted gas boiler providing hot water and central heating.
Space for washing machine & space for tumble dryer. Opaque UPVC double glazed door providing access to the rear courtyard. Panelled radiator.
Separate WC Low level WC, corner wash hand basin with tap. First floor UPVC double glazed window to rear elevation, staircase to second floor, dado rail.
Letting room three 12'1 x 11'1 (3.7m x 3.5m) Panelled radiator, UPVC double glazed window to rear elevation.
Letting room four 12'1 x 11'4 (3.7m x 3.5m) Panelled radiator, UPVC double glazed window to front elevation.
Storeroom/study room 9'8 x 6'2 (3m x 1.9m) Panelled radiator, UPVC double glazed window to front elevation. Second floor landing UPVC double glazed window to rear elevation.
Letting room five 18'3 x 11'8 (5.6m x 3.6m) 2 x panelled radiators, 2 x UPVC double glazed dormer windows to front elevations.
Bathroom White suite comprising corner panelled bath, pedestal basin, low level WC, b-day, shower cubicle, built-in storage cupboard, ceiling spotlights, opaque UPVC double glazed dormer window to rear elevation.
Outside To the rear of the property is an enclosed, communal courtyard. Viewing Strictly by appointment with Swift Estate Agents. Services All main services are connected to the property.
Buyers information As part of the purchasing process, we are required by law to carry out identity and Anti-Money Laundering checks on all purchasers of a property, in line with Money Laundering Regulations.
We therefore charge buyers an aml and administration fee of £30.00 including VAT for 1 applicant or £50.00 including VAT for 2 applicants.
To complete these checks, we use an approved third-party verification provider. The checks must be completed before we are able to formally proceed with your purchase.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 65, Houndiscombe Road, Plymouth
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