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For sale
£210,000Guide price

Stangray Avenue, Mutley, Plymouth. High-Yield Student HMO Producing Circa £22,095 PA – Fully Let Investment, PL4 6PU

4bedrooms
1bathroom
Terracedtype
Freeholdtenure

Listed 28 Jul 2026 · Plymouth

How the price compares

This home£210,000
Median 4 bed in PL4£290k9 homes listed · £278 per sq ft
Difference-28%below the area median

Key features

  • High-Yield Student HMO Producing Circa £22,095 PA – Fully Let Investment
  • 4 double letting rooms - all let.
  • Large kitchen / diner plus utility room.
  • Gas central heating
  • On street parking - permits apply!
  • 1081 sq ft
  • B
  • Freehold

About this home

Guide price £210,000 - £220,000. An outstanding turnkey investment opportunity, this fully let four double bedroom HMO is perfectly positioned within easy walking distance of the University of Plymouth and Plymouth City Centre, making it an ideal addition to any investment portfolio. Currently let to four students, the property generates an annual rental income of approximately £22,095 over a 45-week academic year, delivering an attractive yield of circa 9.6%.The accommodation is well maintained and designed to maximise rental appeal, comprising four generous double letting rooms, two modern shower rooms and a spacious fitted kitchen/dining room with direct access to the rear garden. A separate utility area provides additional practicality, while the enclosed low-maintenance garden benefits from gated rear access to a service lane and an outside WC.Situated in one of Plymouth's most sought-after student letting locations, the property continues to enjoy strong tenant demand thanks to its proximity to the University, Plymouth City Centre and excellent local amenities.A ready-made investment with an established rental income, excellent yield and proven letting history, this is a fantastic opportunity for both experienced and first-time investors alike.

Property details

Property type
Terraced
Council tax band
B
Tenure
Freehold
Garden
Yes

Floorplan

Floorplan 1

Location

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  • Plymouth Station0.3 mi
  • Devonport Station1.3 mi
  • Dockyard Station1.5 mi

What nearby homes sold for

Median sold prices in PL4 over the last 12 months: terraced £220k · flat £130k · semi-detached £240k · detached £173k.

AddressTypeSoldPrice
66 Stangray Avenue
Plymouth PL4 6PT
Terraced
Freehold
9 Jul 2026£290,000
54 Stangray Avenue
Plymouth PL4 6PT
Terraced
Freehold
28 Mar 2025£242,000
38 Stangray Avenue
Plymouth PL4 6PT
Terraced
Freehold
19 Feb 2025£285,000
52 Stangray Avenue
Plymouth PL4 6PT
Terraced
Freehold
20 Dec 2024£227,500
30 Stangray Avenue
Plymouth PL4 6PT
Terraced
Freehold
17 Dec 2024£260,000
62 Stangray Avenue
Plymouth PL4 6PT
Terraced
Freehold
8 Oct 2024£260,000
40 Stangray Avenue
Plymouth PL4 6PT
Terraced
Freehold
13 Sept 2024£270,000
59 Stangray Avenue
Plymouth PL4 6PU
Terraced
Freehold
29 Aug 2024£248,500
42 Stangray Avenue
Plymouth PL4 6PT
Terraced
Freehold
3 Jun 2024£247,000
19 Stangray Avenue
Plymouth PL4 6PU
Terraced
Freehold
22 Feb 2024£200,650

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in PL4

Buying costs

Monthly repayment£1,051£21,000 deposit · £189,000 loan
Stamp Duty£1,700England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Falcon Properties, Plymouth on Rightmove (original listing). First listed 28 Jul 2026; details checked 7 Nov 2026. Latest change: added on 28/07/2026.

Agent disclaimer

Disclaimer - Property reference 12393431. 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 Falcon Properties, 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.

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