Alexandra road, Plymouth, PL4 7EH

Fully Managed 6 Bedroom HMO Investment Producing £40,416 Per Annum Shorey Bailey are happy to bring to the market this six-bedroom HMO investment property Ideally located on Alexandra Road, the property is within easy reach of Plymouth City Centre, local amenities, transport links, Plymouth University.

Currently occupied by working professionals, the property generates a gross rental income of £3,368 per calendar month (£40,416 per annum) and is offered as a fully managed investment, making it an ideal turnkey addition to an investor's portfolio.

The accommodation comprises six generously proportioned letting rooms, with five of the six bedrooms benefitting from their own wash hand basin, enhancing tenant convenience and appeal and potential for further future development. The property further benefits from a spacious communal lounge, modern fitted kitchen, ground floor utility room and two contemporary shower rooms.

The modern kitchen is fitted with a range of matching units and integrated appliances, while the separate communal lounge provides attractive shared living space for residents. Externally, there is an enclosed rear garden/courtyard, providing valuable outdoor amenity space.

The property's generous room sizes, excellent communal facilities and sought-after location have made it particularly attractive to professional occupiers and continue to support strong rental demand.

Accommodation Communal Lounge 12'1" x 11'0" (3.68m x 3.37m)

Modern Fitted Kitchen 12'2" x 8'7" (3.71m x 2.64m)

Utility Room 8'6" x 7'7" (2.60m x 2.33m)

Bedroom One 18'8" x 13'9" (5.70m x 4.19m)

Bedroom Two 18'7" x 13'8" (5.67m x 4.16m)

Bedroom Three 18'8" x 10'3" (5.69m x 3.14m)

Bedroom Four 10'4" x 10'4" (3.15m x 3.15m)

Bedroom Five 18'8" x 10'8" (5.70m x 3.26m)

Bedroom Six 14'4" x 11'0" (4.37m x 3.35m)

Key Features Fully let six-bedroom HMO Let to working professionals Gross rental income of £3,368 PCM Annual gross income of £40,416 Fully managed investment Large double bedrooms throughout Five rooms with wash hand basins Spacious communal lounge Modern fitted kitchen Utility room Two shower rooms Gas central heating uPVC double glazing Enclosed rear garden/courtyard Highly sought-after Mutley location Strong and established rental demand

Material Information Tenure: Freehold Property Type: Mid-Terraced HMO Investment Property Bedrooms: 6 Current Occupancy: Fully Let Management: Fully Managed by Shorey Bailey & co Local Authority: Plymouth City Council Council Tax Band: C EPC Rating: D Postcode: PL4 7EH

Utilities & Services Mains Gas Mains Electricity Mains Water Mains Drainage Gas Central Heating Ultrafast Virgin media Broadband installed Mobile Coverage Available Map Your Mobile

Parking

On-street permit parking available, subject to local authority regulations.

Contact the team at Shorey Bailey & co for more information and to book a viewing.