Pasley Street, Stoke
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
5
- BATHROOMS
1
- SIZE
1,507 sq ft
140 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
- Income £35,340 per Annum
- 5 Bedroom HMO over 2 Floors
- Double Glazing
- Gas Central Heating
- Located Close to the Dockyard and Stoke Village
- 12% Gross Yield
- Established Use as C4 HMO
- EPC - D
Description
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.
Brochures
Full Details- 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.
- Band: B
- 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.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- No wheelchair access
Pasley Street, Stoke
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference S1357696. 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 Francis Stuart, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.