5 bed terraced house for sale

Pasley Street, Stoke PL2

Guide Price: £240,000 – £260,000

A superb turnkey HMO investment generating a gross annual income of £30,300, fully let to professional tenants. This licensed five-bedroom HMO is arranged over two floors and is ideally located in Plymouth, just a short stroll from Stoke Village and within easy reach of Devonport Dockyard.

Recently refurbished by the current owner, the property offers spacious, well-maintained accommodation comprising five generous bedrooms, one modern bathroom, a separate WC and a fully equipped kitchen. Every space has been thoughtfully designed for tenant comfort and ease of living, ensuring an attractive, low-maintenance proposition for any investor.

Fully compliant with current HMO regulations and benefiting from established C4 use, this property is ready to generate strong and stable returns from day one. Situated in a high-demand rental area, it enjoys consistently high occupancy rates — making it a fantastic opportunity for the discerning investor.

Rental Income Breakdown:
Room 1: £510 pcm
Room 2: £500 pcm
Room 3: £495 pcm
Room 4: £495 pcm
Room 5: £525 pcm

Estimated Total Monthly Income: £2,525
Estimated Annual Gross Income: £30,300

Running Costs (Provided by Current Owner):

Electricity and Gas: £300 pcm
Water: £137 pcm
Council Tax: £144 pcm
Cleaning: £76 pcm
Internet : £25 pcm

Total Monthly Costs: Approx. £682
Estimated Net Monthly Income: ~£1,843
(Before allowances for maintenance, voids, or management fees)

This property is an ideal addition to any investor's portfolio, offering strong yields, minimal upfront work, and an excellent location close to Devonport Dockyard.

Early viewing is strongly recommended to secure this high-performing investment opportunity.

Agent Note:

We may introduce buyers and sellers to our panel of carefully selected Conveyancers, Mortgage or surveyor services. The choice to use their services is entirely yours. If you opt to proceed, please be aware that we will receive an average referral fee of £120-£200 (including VAT) from the firm for the introduction. These firms have been chosen based on their strong local reputation and proven track record of excellence.

There's no obligation to use our recommended providers.

In accordance with current Anti-Money Laundering (aml) regulations, all prospective purchasers are required to provide valid identification documents before a sale can be agreed and solicitors formally instructed. To facilitate these checks, a one-off charge of £30 (inclusive of VAT) applies. We kindly request that this cost be covered by you as part of the purchase process.