House for sale

Plymouth, Greenbank

6 bedrooms2 bathrooms

382.205 €

Listed Sep 5, 2026

About this listing

This six-bedroom HMO is presented to a high standard throughout and has been well maintained by both the current owner and tenants. The property is well looked after by the student occupants, offering an attractive and comfortable living environment. Externally, there is an enclosed courtyard garden, providing useful outdoor space for tenants to enjoy. Currently generating a gross annual income of £38,137, the property offers an excellent investment opportunity within the ever-popular Greenbank area of Plymouth. Conveniently located for Plymouth University, the city centre, and local amenities, it is ideally positioned to attract continued tenant demand. The property is currently generating a gross annual income of £38,137 and comprises six letting rooms. Rooms 2, 3, 4 and 5 are each let at £585 pcm, with Room 6 achieving £542 pcm. Room 1 is due to become vacant from 15th October 2026, presenting an opportunity for an incoming purchaser to re-let and potentially increase the property's rental income in line with market conditions. Situated in the popular Greenbank area of Plymouth, this six-bedroom HMO benefits from spacious accommodation, a communal kitchen and living facilities, and an enclosed courtyard garden. Ideally located for Plymouth University, the city centre and local amenities, the property represents a strong investment opportunity with an established rental history and scope to maximise returns. Agency Notes: Room 1: Vacant from 15th October 2026 Room 2: £585 pcm × 11 months = £6,435 Room 3: £585 pcm × 11 months = £6,435 Room 4: £585 pcm × 11 months = £6,435 Room 5: £585 pcm × 11 months = £6,435 Room 6: £542 pcm × 11 months = £5,962 Total income from Rooms 2-6: £31,702 per annum To reach the stated gross annual income of £38,137, Room 1 would need to generate approximately £6,435 per annum (£585 pcm over 11 months), bringing the total to £38,137. Bills Paid by the Landlord Gas & Electric - £269.16 approx per month Water - TBC Wifi - TBC

What's included

Garden

Location

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Listed on

Rightmove

382.205 €