Plym Street, Plymouth, Devon, PL4
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
2
- SIZE
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- 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
- Six-bedroom HMO investment property
- Generating a gross annual income of £38,137
- Rooms 2-5 let at £585 pcm
- Room 6 let at £542 pcm
- Room 1 available from 15th October 2026
Description
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
Brochures
Particulars- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street,Permit
- 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.
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Energy performance certificate - ask agent
Plym Street, Plymouth, Devon, PL4
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Visit our security centre to find out moreDisclaimer - Property reference PLO260339. 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 Miller Countrywide, 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.