Ford Park Road, Mutley, Plymouth
Offers in Excess of
£360,000Knowing the purchase price means you can work out the total cost of buying the property.Read more about property price in our glossary page.
Added on 18/06/2026
- PROPERTY TYPE
Terraced
- BEDROOMS
7
- BATHROOMS
2
- SIZE
1,722 sq ft
160 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 7-Bedroom Fully Licensed HMO
- High Rental Income – Generating £36,048 per year (Net Income: £30,994.50).
- Short walk to the University of Plymouth
- Newly Refurbished Kitchen & Spacious Communal Lounge
- Two Modern Shower Rooms & Two Additional WCs
- Grade “A” Rated by the University
- Turnkey Investment Opportunity – Fully let for 2025
- Council Tax Band: Exempt
- Tenure: Freehold
- EPC: C
Description
HINDHEAD PROPERTY FOR SALE - FULLY LICENSED 7-BED HMO INVESTMENT OPPORTUNITY - FORD PARK ROAD, PLYMOUTH
Offers Over £375,000 - Sold as a Going Concern
Hindhead Property is delighted to bring to market this exceptional, fully licensed 7-bedroom HMO, offering a high-yield investment opportunity in one of Plymouth's most sought-after student rental locations. The property generates a strong annual rental income of £36,048 on a 48-week contract, and is already tenanted for the 2025 academic year, making it a turnkey investment with immediate returns. Recently refurbished, the property features a modern kitchen and a spacious communal lounge, furnished with three leather sofas and a flat-screen TV, creating a comfortable and inviting social space for students. The house benefits from two shower rooms and two additional WCs, ensuring convenience for multiple occupants. Each of the seven double bedrooms is well-proportioned, with the downstairs rooms featuring charming stripped pine flooring and the upstairs benefiting from brand-new carpets. Every bedroom is equipped with Ethernet and TV points, and two rooms include wall-mounted TVs, adding further appeal for tenants.
Externally, the property boasts a south-facing garden with a table and benches, offering valuable outdoor space for tenants to enjoy. On-road and permit parking are available nearby. The property is Grade "A" rated by the University, ensuring its desirability among students year after year.
Located on Ford Park Road, the property is just a short walk from the University of Plymouth and the popular amenities of Mutley Plain, making it an ideal location for student tenants. With strong rental demand and a proven track record of occupancy, this investment offers excellent returns and long-term security for landlords seeking a reliable and profitable addition to their portfolio.
The gross annual rental income is £36,048. Annual running costs include £2,950 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 £5,053.50. After deducting these costs, the net income is £30,994.50, resulting in a net return of approximately 8.6% based on the asking price of £360,000.
Contact Hindhead Property today to arrange a viewing and secure this outstanding investment opportunity.
Included with the student property is a full range of furniture and white goods, such as sofas, tables, beds, mattresses, and kitchen appliances. This does not include personal belongings, but the inclusion of all essential furnishings provides excellent value for money, saving tenants and prospective buyers the significant cost and hassle of purchasing these items themselves.
MUTLEY PLAIN is a bustling and well-connected area in Plymouth, Devon, offering a vibrant mix of shops, cafés, 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.
VIEWINGS: 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 .
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.
ACCOMADATION: Reference made to any fixtures, fittings, appliances or any of the building services does not imply that they are in working order or have been tested by us. Purchasers should establish the suitability and working condition of these items and services themselves.
CITY COUNCIL TAX: We understand this property falls within Plymouth City Council Tax Band is Exempt. However, buyers should verify this information directly with Plymouth City Council before making any decisions.
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.
GENRAL PROEPRTY DISCLAIMER: Whilst every effort has been made to ensure the accuracy of these details, we cannot guarantee their completeness or correctness. Buyers are advised to conduct their own investigations before making any financial commitment.
MONEY LAUNDERING REGULATIONS: In accordance with the Money Laundering Regulations, buyers will be required to provide identification documents at the point of offer acceptance.
SERVICES: Mains gas, electricity, water and drainage.
STAMP DUTY LAND TAX: 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.
INVESTMENT SUMMARY: Currently generating an annual rental income of £36,048, this fully let and licensed HMO is under a 48-week joint Assured Shorthold Tenancy with one unified contract covering all tenants. This setup reduces management complexity and provides stable, predictable returns.
Monthly Room Rents:
Room 1 - £112 | Room 2 - £110 | Room 3 - £112 | Room 4 - £98 | Room 5 - £110 | Room 6 - £110 | Room 7 - £99
(Rents averaged over 12 months on a 48-week tenancy)
Annual Running Costs (based on supplied figures):
Gas & Electric: £2,206
Water (unmetered): £1,603
Broadband: £648 (£54/month)
TV Licence: £174.50
Service Charge (incl. building insurance): £228.09
Total Annual Running Costs: £4,859.59
Returns Based on £360,000 Asking Price:
Gross Yield: 10.01%
Net Yield (after actual running costs): 8.66%
(Net income: £31,188.41 per annum)
This is a ready-made investment in a high-demand letting area, ideal for landlords seeking healthy returns with minimal void risk. Full tenancy breakdown, EPC, and compliance documentation available upon request.
Offers Over £375,000 - Sold as a Going Concern
Hindhead Property is delighted to bring to market this exceptional, fully licensed 7-bedroom HMO, offering a high-yield investment opportunity in one of Plymouth's most sought-after student rental locations. The property generates a strong annual rental income of £36,048 on a 48-week contract, and is already tenanted for the 2025 academic year, making it a turnkey investment with immediate returns. Recently refurbished, the property features a modern kitchen and a spacious communal lounge, furnished with three leather sofas and a flat-screen TV, creating a comfortable and inviting social space for students. The house benefits from two shower rooms and two additional WCs, ensuring convenience for multiple occupants. Each of the seven double bedrooms is well-proportioned, with the downstairs rooms featuring charming stripped pine flooring and the upstairs benefiting from brand-new carpets. Every bedroom is equipped with Ethernet and TV points, and two rooms include wall-mounted TVs, adding further appeal for tenants.
Externally, the property boasts a south-facing garden with a table and benches, offering valuable outdoor space for tenants to enjoy. On-road and permit parking are available nearby. The property is Grade "A" rated by the University, ensuring its desirability among students year after year.
Located on Ford Park Road, the property is just a short walk from the University of Plymouth and the popular amenities of Mutley Plain, making it an ideal location for student tenants. With strong rental demand and a proven track record of occupancy, this investment offers excellent returns and long-term security for landlords seeking a reliable and profitable addition to their portfolio.
The gross annual rental income is £36,048. Annual running costs include £2,950 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 £5,053.50. After deducting these costs, the net income is £30,994.50, resulting in a net return of approximately 8.6% based on the asking price of £360,000.
Contact Hindhead Property today to arrange a viewing and secure this outstanding investment opportunity.
Included with the student property is a full range of furniture and white goods, such as sofas, tables, beds, mattresses, and kitchen appliances. This does not include personal belongings, but the inclusion of all essential furnishings provides excellent value for money, saving tenants and prospective buyers the significant cost and hassle of purchasing these items themselves.
MUTLEY PLAIN is a bustling and well-connected area in Plymouth, Devon, offering a vibrant mix of shops, cafés, 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.
VIEWINGS: 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 .
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.
ACCOMADATION: Reference made to any fixtures, fittings, appliances or any of the building services does not imply that they are in working order or have been tested by us. Purchasers should establish the suitability and working condition of these items and services themselves.
CITY COUNCIL TAX: We understand this property falls within Plymouth City Council Tax Band is Exempt. However, buyers should verify this information directly with Plymouth City Council before making any decisions.
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.
GENRAL PROEPRTY DISCLAIMER: Whilst every effort has been made to ensure the accuracy of these details, we cannot guarantee their completeness or correctness. Buyers are advised to conduct their own investigations before making any financial commitment.
MONEY LAUNDERING REGULATIONS: In accordance with the Money Laundering Regulations, buyers will be required to provide identification documents at the point of offer acceptance.
SERVICES: Mains gas, electricity, water and drainage.
STAMP DUTY LAND TAX: 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.
INVESTMENT SUMMARY: Currently generating an annual rental income of £36,048, this fully let and licensed HMO is under a 48-week joint Assured Shorthold Tenancy with one unified contract covering all tenants. This setup reduces management complexity and provides stable, predictable returns.
Monthly Room Rents:
Room 1 - £112 | Room 2 - £110 | Room 3 - £112 | Room 4 - £98 | Room 5 - £110 | Room 6 - £110 | Room 7 - £99
(Rents averaged over 12 months on a 48-week tenancy)
Annual Running Costs (based on supplied figures):
Gas & Electric: £2,206
Water (unmetered): £1,603
Broadband: £648 (£54/month)
TV Licence: £174.50
Service Charge (incl. building insurance): £228.09
Total Annual Running Costs: £4,859.59
Returns Based on £360,000 Asking Price:
Gross Yield: 10.01%
Net Yield (after actual running costs): 8.66%
(Net income: £31,188.41 per annum)
This is a ready-made investment in a high-demand letting area, ideal for landlords seeking healthy returns with minimal void risk. Full tenancy breakdown, EPC, and compliance documentation available upon request.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Exempt
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Ford Park Road, Mutley, Plymouth
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Affordability
Monthly repayments£1,806
Property: £ 360,000
Deposit: £ 36,000
Interest rate: 5.33%
Term: 30 years
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Visit our security centre to find out moreDisclaimer - Property reference 101415003284. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hindhead, Plymouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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