No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£490,000
Added < 14 days

Property for sale

Houndiscombe Road, Plymouth PL4
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4 bed
0 bath

Property description & features

  • Freehold | Investment Opportunity
  • Two One Bedroom Flats
  • Two Studio Flats
  • Close to Plymouth University and Mutley Plain
  • Neutrally Decorated Throughout
  • Communal Laundry Room
  • Flat 1: EPC C | Council Tax Band: A
  • Flat 2: EPC D | Council Tax Band: A
  • Flat 3: EPC C | Council Tax Band: A
  • Flat 4: EPC C | Council Tax Band: A
SUMMARY *FOUR SELF CONTAINED FLATS SUPERB INVESTMENT YIELD 8.91% OPPORTUNITY CLOSE TO PLYMOUTH UNIVERSITY AND THE TRAIN STATION* This well-maintained building offers a variety of stylish flats in a convenient and peaceful location. Each flat has its own unique layout and neutral décor, providing a blank canvas for personalization. Flat 1 offers a versatile studio room, while Flat 2 boasts a private entrance to the communal garden. Flat 3 features a spacious living room with a bay window, and Flat 4 offers charming views. Located on Houndiscombe Road in Mutley, the building is close to the city centre, train station, Plymouth University, and Mutley Plain, while also offering a peaceful and green atmosphere with nearby parks.
 

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LOCATION Imagine living on a street that offers the perfect blend of city access and suburban serenity. Houndiscombe Road, nestled within the desirable Mutley area, puts you at the heart of it all.

A short stroll takes you to Plymouth's vibrant city centre, brimming with shops, restaurants, and entertainment options. Students and professionals will appreciate the close proximity to Plymouth University and the main train station, making commutes a breeze. Families will love being just steps away from Mutley Plain, a hub of shops, cafes, and a library, catering to all your daily needs.

But the street offers more than just convenience. This charming, tree-lined street exudes a peaceful atmosphere, providing a tranquil escape after a busy day. Craving a breath of fresh air? Nearby Mutley Park and Central Park offer verdant havens for picnics, walks, or simply relaxing amidst nature. 

DETAILS Step into comfort and convenience! This well-maintained building offers a variety of flat options, each thoughtfully designed to suit different lifestyles. Upon entering the secure communal hallway, be greeted by the convenience of dedicated post-boxes for each flat, ensuring mail is always safe and secure.

Flat 1: This inviting flat awaits you to your right as you enter the building. Step inside to a charming little hallway that leads to a neatly decorated kitchen, perfect for whipping up delicious meals. A modern bathroom ensures a refreshing start to your day, while a versatile studio room offers endless possibilities. Whether you're seeking a cosy home office, a relaxing reading nook, or a comfortable sleeping space, the neutral décor throughout provides a blank canvas for you to personalize and make it your own.

Flat 2: Head to the end of the hallway on the ground floor to discover Flat 2. Upon entering, you'll find yourself in a bright and airy studio room, perfect for working from home or creating a cosy living area. This leads to a modern kitchen equipped with everything you need to prepare culinary delights. A handy hallway provides access to a comfortable bathroom, perfect for unwinding after a long day. Bonus! This flat boasts a unique advantage - its own private entrance leading directly to the communal garden. Imagine stepping outside for a breath of fresh air or hanging laundry with ease, all just a few steps away.

Speaking of laundry, head upstairs in the communal hallway where you'll find a shared laundry room, conveniently located to ensure you can always keep your clothes clean and fresh.

One more flight of stairs leads you to the delightful Flat 3. As you enter, a small hallway opens onto a bright bedroom, perfect for catching some rest. A modern bathroom provides a refreshing start to your day, while the spacious living room truly steals the show. Imagine basking in the natural light streaming through the stunning bay window, creating a warm and inviting space. A modern kitchenette and dining area provide the perfect spot for relaxing with a cup of coffee, enjoying a delicious meal, or entertaining guests. Neutral décor throughout creates a timeless and welcoming feel, allowing you to personalize the space and make it your own.

Finally, venture up to the top floor! Flat 4 welcomes you with a cleverly designed, space-efficient layout which leads you to a spacious bedroom, offering a tranquil haven to retreat to after a long day. The comfortable living room boasts charming views over the trainline and out to Central Park, creating a peaceful atmosphere. The rear of the flat features a modern kitchen, equipped with all the appliances you need to whip up delicious meals, and a well-equipped bathroom, ensuring everything you need is within easy reach. 

RENT INFORMATION Property is Let from August 2024 until August 2025

Flat 1: £9,250 inclusive
Flat 2: £9,240 inclusive
Flat 3: £12,500 inclusive
Flat 4: £12,816 inclusive

£43816.00 per annum - 8.91% Yield before bills.

 

VIEWINGS Interested applicants should call Martin & Co today on[use Contact Agent Button] in order to arrange their viewing appointment. 

NOTE TO APPLICANTS We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Move With Us conveyancing. It is your decision whether you choose to deal with Move with Us. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral. 

Places of interest

    We are an established estate agent and letting agent based in Plymouth. We specialise in sales, lettings and property management and take pride in delivering an exceptional service to sellers, buyers, landlords and investors alike Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof. Our company has always been at the forefront of property marketing technology, but our biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients. Conveniently located on Mutley Plain, as one of the leading estate agents in Plymouth, we recognise that our customers share our passion for property. Directors at the branch are husband and wife team Chris and Merolyn Whitaker. Chris, a former British Army Officer brings 21 years of management experience to the role, with Merolyn, bringing first-hand knowledge of the area having grown-up locally. We're experienced and qualified letting agents in Plymouth - as members of the Association of Residential Letting Agents (ARLA) we have Client Money Protection insurance in place to ensure your money is safe. In addition we are members of The Property Ombudsman and abide by the Trading Standards Approved Code. We offer a wide range of properties for sale and to rent not only in Plymouth but also in the surrounding areas of Torpoint, Saltash, Callington, North Plymouth '“ Crownhill, Derriford and Woolwell and to the west and south in Plympton, Plymstock, Ivybridge and the South Hams.

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    *DISCLAIMER

    Property reference 101449009216. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co - Plymouth.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 12, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.