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Offers over

£250,000

5 bed terraced house for sale
Bitton Park Road, Teignmouth, Devon TQ14

    • 5 beds

    • 5 baths

    • 3 receptions

  • EPC Rating: D

  • Freehold

Pilkington Estates

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About this property

    **Upcoming Open Day Event - Viewings strictly by appointment only**

    This licensed 4-bedroom House in Multiple Occupation (HMO) with a separate studio flat represents an outstanding investment opportunity in the sought-after location of Bitton Park Road, Teignmouth. Currently accommodating five tenants, the property generates an impressive rental income of £30,324 per annum, offering a strong 11.23% gross yield. The HMO includes four generously sized bedrooms, three of which feature their own en-suites, while the fourth has sole use of the main bathroom, making it perfectly suited for shared living. The separate studio flat provides additional rental income and boasts stunning views over the River Teign, enhancing its appeal. Professionally managed, the property ensures a seamless, hassle-free experience for investors. Its combination of en-suite rooms, a separate studio flat, and an attractive location makes this an exceptional opportunity with excellent returns. Important Note: Buyers are advised to review local HMO licensing regulations and compliance requirements as part of their due diligence. EPC: Tbc

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      Freehold

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    Property descriptions and related information displayed on this page are marketing materials provided by - Pilkington Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pilkington Estates for full details and further information.