5-bedroom house · PL4 8RU
Listing removedReduced £10k (−3.8%) on 9 JulListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary **no onward chain** We are delighted to welcome this well-presented five bedroom HMO to the market, which could also make the perfect residential family home, situated in a prime central location.
Bringing in a brilliant 11.2% gross yield, generating £30,780 gross per year. A must see!
Description We are delighted to welcome this well-presented five bedroom HMO to the market, which could also make the perfect residential family home, situated in a prime central location.
Bringing in a brilliant 11.2% gross yield, generating £30,780 gross per year.
Located in popular residential location of St Jude's, close to a host of local amenities such as an array of shops and restaurants, local parks and well-regarded schools, whilst also being a stone's throw away from the city centre, the historic Barbican, Plymouth Hoe and Plymouth university.
This home is currently set out as a five bedroom HMO, with two spacious double bedrooms to the ground floor, and substantial kitchen/diner with base units and built-in appliances and access to enclosed rear courtyard.
The ground floor also benefits from a shower room comprising walk-in shower, hand basin and W.C.
Continuing the good-condition of this property, on the first floor you will find three further good-sized double bedrooms with the primary bedroom benefiting from an ensuite comprising corner bath with overhead shower, hand basin and W.C.
The double bedroom to the rear also offers sea views, a third bathroom can also be found on this floor comprising bath with overhead shower, hand basin and W.C.
Externally, this property offers an enclosed rear courtyard and on-street parking to the front. Early viewings advised!
Ground Floor Kitchen 22' maximum x 11' 7" maximum ( 6.71m maximum x 3.53m maximum ) Bedroom Two 16' maximum x 14' 1" maximum ( 4.88m maximum x 4.29m maximum ) Bedroom Three 13' 5" maximum x 12' 6" maximum ( 4.09m maximum x 3.81m maximum ) Shower Room First Floor Bedroom One 16' maximum x 13' 1" maximum ( 4.88m maximum x 3.99m maximum ) En-Suite Bedroom Four 13' 3" maximum x 12' 6" maximum ( 4.04m maximum x 3.81m maximum ) Bedroom Five 11' 7" maximum x 10' 7" maximum ( 3.53m maximum x 3.23m maximum ) Bathroom 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 23, Sea View Avenue, Plymouth
Explore nearby