Bitton Park Road, Teignmouth

For sale Offers Over £270,000 Freehold
pin Bitton Park Road, Teignmouth, TQ14 9BZ
Sold STC

Overview

Property ID: 54795
  • rps_pie-PLY243170 Ref
  • House Type
  • For Sale Availability
  • 5 Bedrooms
  • 5 Bathrooms
  • 3 Reception Rooms
  • Freehold Tenure
  • Floorplan
  • View EPC
  • Local Schools
  • Local Amenities
  • Broadband Checker
  • Local Area Information
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Full Details

**Upcoming Open Day Event - Viewings strictly by appointment only**

This licensed 4-bedroom House in Multiple Occupation (HMO) with a separate studio flat represents an outstanding investment opportunity in the sought-after location of Bitton Park Road, Teignmouth. Currently accommodating five tenants, the property generates an impressive rental income of £30,324 per annum, offering a strong 11.23% gross yield. The HMO includes four generously sized bedrooms, three of which feature their own en-suites, while the fourth has sole use of the main bathroom, making it perfectly suited for shared living. The separate studio flat provides additional rental income and boasts stunning views over the River Teign, enhancing its appeal. Professionally managed, the property ensures a seamless, hassle-free experience for investors. Its combination of en-suite rooms, a separate studio flat, and an attractive location makes this an exceptional opportunity with excellent returns. Important Note: Buyers are advised to review local HMO licensing regulations and compliance requirements as part of their due diligence. EPC: TBC

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