4 Bed HMO, Newton Abbot, TQ12 1BA £200,000

• Four-bedroom unlicensed HMO investment property. +
• Strong 11.2% gross yield. +
• Tasteful kitchen ideal for shared living. +
• Tenant-ready setup offering high-return potential. +

Located in a convenient area of Newton Abbot, Beaumont Road is an excellent investment opportunity as an unlicensed House in Multiple Occupation (HMO). The property is currently tenanted by four occupants and offers a potential rental income of £22,380 per annum, delivering a 11.2% gross yield. This four-bedroom property features a tasteful kitchen that is well-suited for shared living arrangements and a low-maintenance patio garden, providing an attractive outdoor space for tenants. Its location further enhances its appeal, with easy access to Newton Abbot’s amenities and transport links. With its strong yield and tenant-ready setup, this property is an ideal choice for investors looking to secure a high-return asset. Buyers are encouraged to consider local HMO licensing requirements as part of their investment process. EPC: E