Property description
Quietly located within half a mile from Plymouth University, Arts University Plymouth, The Barbican, The Box and Plymouth City Centre is this 3-storey, end terraced, house built circa 1900. The house is just a stones’ throw from the student hubbub and vibe of popular Ebrington Street.The property has an HMO certificate and is being sold as an occupied, working HMO. The current tenant is a company who are currently renting the house until 11th August 2026. The house currently derives an income of £18,000 P.A. from the company who have signed a 36-month tenancy. They do however, pay their own utilities and internet etc. If rented to students, as has been the case in all previous years of the current owner’s tenure, the property could generate £27,200 P.A. (including bills) with 5 rooms rented at current student rental levels (Approx. £110 (Inc. bills) per room per week for 50 “student-weeks” of the year!). The property briefly comprises, entrance vestibule, entrance hallway, separate W.C., common room, kitchen/breakfast room, five double letting rooms, 2 X shower rooms, separate W.C. Outside, there is a small, walled, south-facing, gated rear courtyard.The property has PVC rainwater goods, a recovered roof, PVCu double glazing, GCH, a hardwired smoke detector/alarm, whist all internal doors are fire-closing. The house is in reasonable decorative condition. The property is owned by an employee of Lawson Estate Agents.UTILITIES Mains water, gas, electricity and mains drainage, mobile coverage likely, broadband connection potential is FTTP, FTTC and ADSL.OUTGOINGS PLYMOUTHWe understand the property is in band 'B' for council tax purposes and the amount payable for the year 2024/2025 is £1,722.68 (by internet enquiry with Plymouth City Council). These details are subject to change.PLYMOUTHPlymouth is a city with one of the largest natural harbours in the world. To the north is the Dartmoor National Park extending to over 300 square miles which provides excellent recreational facilities. Plymouth itself has a population of well over 250,000 and has a full range of shopping, educational and sporting facilities. There is a mainline train service to London Paddington and to Penzance in Cornwall. Brittany Ferries operates seasonal services from Plymouth to France and northern Spain.
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