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Modern and Spacious 8 bed Terraced property

Available
For Sale
Listed Jul 16, 2025
£400,000
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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Transaction history

£234,950 Sep 25, 2006
£82,500 Jun 9, 2000

Description

"8 BEDROOM STUDENT INVESTMENT OPPORTUNITY MUTLEY, PLYMOUTHOFFERS OVER £400,000 £3,958PCM FOR SALE FULLY LICENSED 8 BED HMO INVESTMENT OPPORTUNITY FORD PARK ROAD, PLYMOUTH
Offers Over £475,000 Sold as a Going Concern

Hindhead Property is delighted to present this exceptional student investment property in the sought after Mutley area. Fully let for the 2025 academic year, this 8 bedroom HMO offers an impressive approximate annual rental income of £44,448, delivering a strong yield. The property features eight spacious bedrooms, including two with en suite bathrooms, plus an additional two bath shower rooms and three WCs, ensuring convenience for all tenants. A large open plan lounge with leather sofas connects to a modern, fully equipped kitchen, while Room 1 benefits from its own private lounge study area with direct access to the garden.

Each room is furnished with double beds, TV and Ethernet points, and most include wash basins. High speed 350Mbps broadband, a TV licence, and a generous utilities allowance are included in the rent, with two rooms suitable for couples, adding further appeal for prospective tenants. Externally, a well maintained garden offers valuable outdoor space, while permit parking is available nearby.

The property is ideally located just a short walk from the University of Plymouth, as well as the vibrant amenities of Mutley Plain, which include shops, pubs, and eateries. Additional features of the property include central heating, instant hot water, a dishwasher, washing machine, and dryer. The property is fully fire and electrical safety certified, alarmed, and NLA registered, ensuring compliance with all necessary regulations.

The gross annual rental income is £44,448, with running costs including £2,906 for gas and electric, £1,875 for water non metered at £156.31 month , £54 month for broadband 350 mbps, with 450 mbps available for £35 VAT , and £174.50 year for the TV licence. With no management costs, the total annual running costs amount to £5,009.50. After deducting these costs, the net income is £39,438.50, resulting in a net return of approximately 8.3% based on the asking price of £475,000.

This high quality, A graded student property is a fantastic investment with consistent demand and a proven track record. Contact Hindhead Property today to arrange a viewing and secure this excellent buy to let opportunity.



MUTLEY PLAIN is a bustling and well connected area in Plymouth, Devon, offering a vibrant mix of shops, caf s, and essential amenities. As the heart of the Mutley district, this lively high street serves both the local community and the surrounding neighbourhoods, including the more affluent areas to the north.

Originally developed in the late Victorian era as an elegant, tree lined avenue, Mutley Plain has evolved into a key commercial and residential hub. The B3250 runs through the area, providing excellent transport links, while multiple pedestrian crossings ensure accessibility for residents and visitors.

With its rich history, strong community feel, and proximity to the city centre and university, Mutley Plain remains one of Plymouth s most sought after locations for both homeowners and investors.

PLYMOUTH Britain s Ocean City, is one of Europe s most vibrant waterfront cities. Located by a stunning waterfront and harbour, Plymouth is the perfect place to buy property.

VIEWING We anticipate high demand for this property and advise early viewings to avoid disappointment. All applicants will be subject to a rigorous registration financial verification process. Viewings will be booked by appointment only, and are subject to availability. For more information, please call .


STAMP DUTY LAND TAX SDLT or Land and Buildings Transaction Tax LBTT may apply in certain circumstances. Buyers are advised to check their liability before proceeding with a purchase.

FLOOR PLAN DISCLAIMER This floor plan is for guidance only and should not be considered a factual representation. It is not to scale, and all measurements are approximate. The property was measured in accordance with RICS Property Measurement Standards IPMS . Viewers rely on it at their own risk. All rights reserved. Copyright 2025 Hindhead Property LTD.

SERVICES Mains gas, electricity, water and drainage.

MONEY LAUNDERING REGULATIONS In accordance with the Money Laundering Regulations, buyers will be required to provide identification documents at the point of offer acceptance."

Mouseprice Data

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Data point Compared to road

Property Location

Average Price
Crime
Nearby Schools
Plymouth College
0.3mi
Hyde Park Infants' School
0.3mi
Hyde Park Junior School
0.3mi
Plymouth High School for Girls
0.4mi
Lipson Vale Primary School
0.6mi
Nearby Stations
Plymouth Station
0.7mi
Devonport Station
1.8mi
Dockyard (Devonport) Station
2.0mi
Keyham Station
2.2mi
St Budeaux Ferry Road Station
2.8mi
Schools
Stations
On the map
Road view

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