Molesworth Road, Stoke, Plymouth, Devon, PL1

Fully Let Mixed-Use Investment – 7-Bed HMO, Established Hair Salon, and 1-Bed Flat

A rare and highly versatile investment opportunity comprising a fully let, mixed-use property arranged over four levels, delivering three dependable income streams. The building includes a licensed 7-bedroom HMO, a ground floor commercial unit with a long-standing tenant, and a self-contained one-bedroom flat on the lower ground floor.

Upper Floors – Licensed 7-Bedroom HMO (EPC Rating D / Council Tax Band B):

Spanning three levels, the licensed 7-bedroom HMO offers practical and well-maintained shared living accommodation. It includes two shared kitchens, two communal shower rooms, and a utility / Laundry room. Three of the bedrooms are enhanced with private shower enclosures and kitchenettes, offering semi self-contained arrangements that appeal to tenants seeking more independence. The property is partially let with one room on the market.

Ground Floor – Let Commercial Unit (Hair Salon) (EPC Rating D):
The ground floor comprises a self-contained commercial premises currently operating as a hairdressing salon. The tenant is established and will remain in place under an ongoing lease, providing a secure and uninterrupted income stream. The unit benefits from strong street frontage and good local footfall.

Lower Ground Floor – 1-Bedroom Flat (EPC Rating D / Council Tax Band A):
With a private entrance, the lower ground floor features a self-contained one-bedroom flat comprising a double bedroom, open-plan living/kitchen space, and a shower room. The flat is currently let and contributes a third income stream to the property.

Key Features:

Licensed 7-bedroom HMO across three floors
Three rooms with private shower enclosures and kitchenettes
Shared facilities include 2 kitchens, 2 shower rooms, and 1 utility / laundry room
Ground floor commercial unit let to an established hairdresser
Lower ground floor 1-bed flat with private entrance
EPC Ratings: D (HMO), D (Commercial), D (Flat)
Council Tax Bands: B (HMO), A (Flat)
Let with three separate income streams
Excellent investment with proven rental history
This is a strong, income-producing asset ideal for investors seeking a well-diversified property with long-term yield potential.

Sellers note ..summary of the utility bills over the past three years.

Gas £1900
Elec £2200 including the laundry room
Water £900
Council tax band B £1825 (2025/26)

The Shop £430pcm - No rent increases
Room A £460pcm - Last rent increase 21/1/25
Room B £450pcm - Last rent increase 31/1/25
Room D £400pcm - Last increase 26/1/25
Room E £400pcm - Last increase 20/3/25
Room F £450pcm - Last increase 21/1/25
Room G £390pcm - No increases
Room H £390pcm - currently has a temporary tenant
Basement Flat - £560pcm - Last rent increase 27/12/24

A rare and highly versatile investment opportunity comprising a fully let, mixed-use property arranged over four levels, delivering three dependable income streams. The building includes a licensed 7-bedroom HMO, a ground floor commercial unit with a long-standing tenant, and a self-contained...


his property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00. These services are optional.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MUT250370/2