Lisson Grove, Plymouth PL4

Property Details: - Type: Terraced house - Bedrooms: 5 - Bathrooms: 5

Agent: Francis Stuart Sales & Lettings - Plymouth Phone: 01752 948963

<p>Guide £290,000 - £300,000</p><p> </p><p>Francis Stuart are delighted to welcome to the market Lisson Grove a fully licensed five-bedroom HMO investment offered at £290,000 - £300,000. Producing £34,920 per annum, this represents a strong gross yield of approximately 12.04%.</p><p>This investment stands out from the crowd with its modern urban warehouse aesthetic, featuring graffiti-style artwork, industrial finishes, and contemporary security features, creating strong appeal to both professional sharers and students seeking something beyond a standard HMO.</p><p>The communal accommodation is centred around a design-led kitchen and dining space, featuring a statement breakfast bar with industrial-style stools, creating a relaxed social hub ideal for dining, working, or socialising. A neon feature wall, contrasting dark tones, and modern pendant lighting add a boutique feel, while the fully fitted kitchen provides ample storage and preparation space, finished with clean units and contemporary, low-maintenance flooring.</p><p>Arranged over two floors, the accommodation comprises five double bedrooms, all with private ensuites, ensuring consistent demand and stable occupancy. Each bedroom benefits from individual coded door access, offering enhanced privacy for tenants and a practical, low-management solution for landlords and letting agents.</p><p>The property is sold with an HMO licence valid until September 2028, with all statutory safety documentation in place, making it a turnkey, income-producing investment from day one. </p><p>HMO Compliance Summary Lisson Grove<br/>HMO Licence:<br/>Valid until September 2028<br/>EICR (Electrical Safety):<br/>Valid 5 years – expires February 2026<br/>FRA (Fire Risk Assessment):<br/>No fixed expiry – annual review recommended (best practice)<br/>GSR (Gas Safety Record):<br/>Valid 12 months – next due July 2026</p><p>Managed via City Lets</p><p>Council Tax B</p><p>EPC D</p><p> </p><p>Room Rates Breakdown<br/>Room 1: £560 pcm – Large ground floor room with ensuite<br/>Room 2: £600 pcm – Double room with ensuite<br/>Room 3: £550 pcm – Double room with ensuite<br/>Room 4: £600 pcm – Double room with ensuite<br/>Room 5: £600 pcm – Large double room with ensuite<br/>Total monthly income: £2,910<br/>Total annual income: £34,920</p><p>Room rents range from £550–£600 pcm, generating a total income of £2,910 per month (£34,920 per annum).</p>