HMO Property for Auction Plymouth PL4

Guide Price £230,000. Situated within a prime central location close to Plymouth University and the Train Station, is this mid-terrace period property used for many years as a HMO (House of Multiple Occupancy), but is now being offered for sale via auction as an ongoing investment opportunity. The property currently comprises of seven letting rooms, six of which are let on AST (Assured Shorthold Tenancy Agreements) and are producing £2345 per month (£28,140PA), however, there is opportunity for increase in line with current market value once works have been completed.