Sutherland Road, Mutley, Plymouth. Prime Plymouth HMO Investment – 13 Bedrooms, Parking & Development Opportunity

This substantial four-storey period property is strategically located within walking distance of the University of Plymouth, Mutley Plain, and the city centre. As a fully licensed HMO with an impressive track record over the past 28 years, this asset has consistently attracted high tenant demand, currently generating approximately £69,570 annually from a fully let arrangement for the upcoming academic year. The property retains many original features such as stunning stained glass windows, a decorative tiled vestibule, and intricate ceiling mouldings, providing potential buyers with a unique investment opportunity that combines character with functionality. It accommodates 13 letting bedrooms across four floors along with spacious communal areas, two modern kitchens, and three separate WC/shower facilities. Additionally, there’s gas central heating and uPVC double glazing throughout. The large rear car park can accommodate around eight vehicles and includes a detached double garage that comes with planning permission to convert into two self-contained one-bedroom flats—further enhancing its investment potential. This presents a rare chance to invest in one of Plymouth’s premier student and professional rental markets.