IMPRESSIVE RESIDENTIAL INVESTMENT PROPERTY

Ref : M3489

Price

Freehold : Offers in the Region of :: £500,000.00 SOLE AGENTS

Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.

  • Impressive residential investment property
  • Generating rental income approx. £48,000 per annum
  • Sought after residential suburb of Plymouth
  • Large period semi-detached property arranged as fully licensed 7 bedroom HMO
  • Additional self-contained 3 bedroom flat
  • Enclosed garden and car parking approx. 12 cars
  • High occupancy level year on year - viewing strongly recommended

This lucrative and high generating residential investment property enjoys an enviable trading position at the head of Boringdon Villas, a small private road which enjoys a convenient central location in the heart of the sought after suburb of Plympton on the eastern boundaries of the major South Devon city of Plymouth.

Plympton has a population of approx. 30,000 people and offers a full variety of amenities and facilities including independent shops, supermarkets, schools, library and swimming pool. There is quick and easy access to the centre of Plymouth and the Devon Expressway, which thereafter provides excellent motorway links to the rest of the country via the M4 and M5. Plymouth’s vibrant city centre and Derriford Hospital are only 30 minutes’ away.  The rugged breathtaking beauty of the Dartmoor National Park lies only a couple miles to the north and a variety of outdoor pursuits including riding, walking climbing and cycling. The South Hams beaches of Mothercombe, Bigbury, Bantham and Wembury are all within an hour’s drive and Plymouth Sound and the yachting haven of Newton Ferrers offer opportunities for sailing, paddle boarding and kayaking.

The property itself is semi-detached and believed to have been built in the early 1800s, and for the main appears to be of block construction with rendered and painted elevations with a main pitched slate roof and some additional flat roof areas. The property provides spacious accommodation and is currently arranged as a fully licensed 7 bedroom HMO to the ground, first and second floor, together with a self-contained 3 bedroom flat to the basement. The property has a fully enclosed garden to the rear and also has the additional benefit of its own private parking to the front which can accommodate up to 12 cars. The external appearance of the property is deceptive and an early viewing appointment is strongly recommended to fully appreciate its true size.

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Please let us know whether you are happy for us to contact you from time to time with information about our products or services by selecting one of the following options:

We want you to know exactly how our service works, how we use your personal data and how it is stored and transmitted. Please state that you have read and understand our Terms & Conditions and our Privacy Policy.

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Office Address

Huntley & Partners
20 Luxus House
Forge Lane
Saltash
Cornwall
PL12 6LX

Telephone

01752 206020

(24hr answering service)