Pennsylvania Road
Torquay
5Bedrooms2Bathroomsterraced house
Price:£250,000
1/15
Price:£250,000
Property details
Key features
- Investment HMO Opportunity
- Four Double Letting Bedrooms
- Self-Contained Ground Floor Studio Flat
- Arranged Over Four Floors
- Rear Garden
- Far-Reaching Views
- Strong 12.25% Gross Yield
- Potential to Further Increase Income
Council Tax Band:
B
Tenure:
Freehold
Investment Opportunity - 5 Bedroom HMO with Studio Flat
Connells are delighted to bring to market this substantial mid-terraced HMO investment property arranged over four floors, offering an attractive income-producing asset with further potential for growth.
The accommodation comprises four generously sized double letting rooms together with a self-contained ground floor studio flat, creating a versatile investment opportunity.
The property benefits from spacious communal living accommodation, a rear garden, and far-reaching views from the upper floors, enhancing its appeal to tenants.
Currently producing a strong 12.25% gross yield, the property presents an excellent opportunity for investors seeking immediate returns, whilst still offering scope to increase income and add value through further optimisation and improvement.
Conveniently located within easy reach of local amenities, transport links and employment hubs, this well-proportioned property is ideally positioned to attract consistent tenant demand.
Front Of The Property
Ground Floor
Entrance Porch
Entrance Hallway
Cloakroom
Obscure double glazed window, WC, wash hand basin, plumbing for washing machine.
Lounge/Kitchen/Diner
27' 4" x 11' 11" ( 8.33m x 3.63m )
Lounge - Double glazed window to the front of the property and a wall mounted radiator.
Kitchen - Double glazed window to the rear of the property, wall and base units, electric hob with extractor over, oven, one bowl inset sink, plumbing for washing machine, plumbing for dishwasher, space for fridge/freezer,
Basement
Self Contained Bedroom Five
15' 11" x 12' ( 4.85m x 3.66m )
Double glazed patio doors to the rear. Wall and base units, one bowl stainless steel sink/drainer, integrated fridge/freezer, door to the ensuite and a wall mounted radiator.
Ensuite
Obscure double glazed window, shower, WC, wash hand basin and a wall mounted heated towel rail.
Lower Ground Floor
Bedroom Four
13' 6" x 10' ( 4.11m x 3.05m )
Double glazed window to the rear of the property and a wall mounted radiator.
Bedroom Three
12' 9" x 9' 2" ( 3.89m x 2.79m )
Double glazed window to the front of the property and a wall mounted radiator.
Bathroom
Obscure double glazed window, bath, shower, WC, wash hand basin and a wall mounted heated towel rail.
First Floor
Bedroom Two
12' 8" x 10' ( 3.86m x 3.05m )
Double glazed window to the rear of the property and a wall mounted radiator.
Bedroom One
14' 4" x 9' 2" ( 4.37m x 2.79m )
Double glazed window to the front of the property and a wall mounted radiator.
Bathroom
Obscure double glazed window, bath with shower over, WC, wash hand basin and a wall mounted heated towel rail.
Rear Of The Property
The garden is gently tiered with a paved patio area.
Agents Note
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Connells are delighted to bring to market this substantial mid-terraced HMO investment property arranged over four floors, offering an attractive income-producing asset with further potential for growth.
The accommodation comprises four generously sized double letting rooms together with a self-contained ground floor studio flat, creating a versatile investment opportunity.
The property benefits from spacious communal living accommodation, a rear garden, and far-reaching views from the upper floors, enhancing its appeal to tenants.
Currently producing a strong 12.25% gross yield, the property presents an excellent opportunity for investors seeking immediate returns, whilst still offering scope to increase income and add value through further optimisation and improvement.
Conveniently located within easy reach of local amenities, transport links and employment hubs, this well-proportioned property is ideally positioned to attract consistent tenant demand.
Front Of The Property
Ground Floor
Entrance Porch
Entrance Hallway
Cloakroom
Obscure double glazed window, WC, wash hand basin, plumbing for washing machine.
Lounge/Kitchen/Diner
27' 4" x 11' 11" ( 8.33m x 3.63m )
Lounge - Double glazed window to the front of the property and a wall mounted radiator.
Kitchen - Double glazed window to the rear of the property, wall and base units, electric hob with extractor over, oven, one bowl inset sink, plumbing for washing machine, plumbing for dishwasher, space for fridge/freezer,
Basement
Self Contained Bedroom Five
15' 11" x 12' ( 4.85m x 3.66m )
Double glazed patio doors to the rear. Wall and base units, one bowl stainless steel sink/drainer, integrated fridge/freezer, door to the ensuite and a wall mounted radiator.
Ensuite
Obscure double glazed window, shower, WC, wash hand basin and a wall mounted heated towel rail.
Lower Ground Floor
Bedroom Four
13' 6" x 10' ( 4.11m x 3.05m )
Double glazed window to the rear of the property and a wall mounted radiator.
Bedroom Three
12' 9" x 9' 2" ( 3.89m x 2.79m )
Double glazed window to the front of the property and a wall mounted radiator.
Bathroom
Obscure double glazed window, bath, shower, WC, wash hand basin and a wall mounted heated towel rail.
First Floor
Bedroom Two
12' 8" x 10' ( 3.86m x 3.05m )
Double glazed window to the rear of the property and a wall mounted radiator.
Bedroom One
14' 4" x 9' 2" ( 4.37m x 2.79m )
Double glazed window to the front of the property and a wall mounted radiator.
Bathroom
Obscure double glazed window, bath with shower over, WC, wash hand basin and a wall mounted heated towel rail.
Rear Of The Property
The garden is gently tiered with a paved patio area.
Agents Note
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Utilities, rights & restrictions
Expand
Utility Supply:
- ElectricityMains Supply
- WaterMains Supply
- HeatingGas Central
- BroadbandFTTC
- SewerageMains Supply
Rights & Restrictions:
- Private rights of wayfalse
- Public rights of wayfalse
- Listed propertyfalse
- Restrictionsfalse
Risks:
- Flooded in last 5 yearsfalse
- Flood defencesContact branch
- Source of floodContact branch
Guidance Notes
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. (2) These particulars do not constitute part or all of an offer or contract. (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect. (4) Potential buyers are advised to recheck the measurements before committing to any expense. (5) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.Use Our Homefinder Service
With our HOME FINDER SERVICE, we get a real understanding of what is on your wish list and then put all of our experience, local knowledge, branch network and extensive contacts to work to find your perfect property.
Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.
Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.
If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.
** The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 29/01/26.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
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