Lisson Grove, Plymouth, PL4 7DN

Guide Price £280,000 – £290,000 An established HMO investment offering five bedrooms, comprising four en-suite rooms and one bedroom with access to a separate shower room, set within a substantial period property arranged over three floors. The property is currently generating £36,900 per annum 13.18% at £280,000 with estimated running costs of circa £4,900 per annum, this provides an estimated net income of around £32,000 per annum, reflecting a net yield of approximately 11.43%–11.03%, before maintenance, voids and management. Set within an attractive period building, the property has been thoughtfully arranged to suit modern shared living while retaining character and charm throughout. Accommodation is arranged over three well-planned floors, offering generous room sizes, excellent natural light and a layout that works well for both occupants and long-term management. At the heart of the property is a large communal kitchen/diner, fitted with contemporary cabinetry, wooden worktops and tiled splashbacks. The space provides ample storage, preparation areas and room for dining, creating a natural hub for shared living. The communal lounge offers a comfortable and inviting environment, enhanced by a large bay window providing excellent natural light. The five bedrooms are well-proportioned and sensibly arranged across the lower ground and first floors, offering good separation of space. Four bedrooms benefit from en-suite facilities, with the remaining bedroom having access to a separate shower room. A useful utility room adds further practicality and supports the efficient day-to-day running of the property. Externally, the property presents well and is positioned within an established residential location, conveniently placed for access to local amenities, transport links and Plymouth city centre.HMO Licence issued by Plymouth City Council Licence granted: 27 May 2025 Licence expiry: 21 December 2028 Permitted for 5 persons in 5 households Ground floor front lounge not permitted as a bedroom Certificate of Lawful Use (COLU) in place Compliance & Certification EICR: Satisfactory Inspected: 14 July 2023 Valid until: 14 July 2028 Gas Safety Certificate: Expired 7 July 2026 – updated certificate to be confirmed. Tenancy & Income Fully let 5-bedroom HMO Individual ASTs Staggered tenancy expiries reducing void risk Deposits protected and professionally managed Current Room Rents Room 1: £625 pcm Room 2: £675 pcm Room 3: £575 pcm Room 4: £600 pcm Room 5: £600 pcm Total Income Monthly Rental Income: £3,075 Annual Rental Income: £36,900