Offers over
£375,0006 bedroom terraced house for sale
Wyndham Square, Devon PL1
Terraced house
6 beds
6 baths
430 sq ft / 40 sq m
EPC rating: E
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Tenure: Freehold
We are thrilled to introduce a unique opportunity to the market; a portfolio comprising six self-contained one bedroom apartments, five of which are currently occupied. This cherished portfolio has been well-maintained for years, fostering long-term relationships with many of its tenants. As a result, it is primed and ready for someone to step in and immediately enjoy the benefits of a hassle-free rental business. This diverse opportunity encompasses six comfortable one-bedroom apartments. These properties are in good condition, with some recently refreshed interiors. Additionally, the portfolio includes a shared concrete space accessible to all tenants to the rear, providing a communal area for amenities such as laundry and outdoor drying lines. The six properties today generate circa £37,000 per annum, resulting in an 8% yield. If the individual properties were to be re-decorated and rental reviews scheduled, there's no reason an investor wouldn't be able to achieve a 10% yield.
EPC''s -
First Floor Flat, 33 Wyndham - E
Flat 1 - E
Flat 2 - F
Flat 3 - E
Flat 5 - E
Flat 6 - E
EPC''s -
First Floor Flat, 33 Wyndham - E
Flat 1 - E
Flat 2 - F
Flat 3 - E
Flat 5 - E
Flat 6 - E
Property information from this agent
About this agent
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We are property experts and communicate fast using text messages, Facebook, email, phone and of course, face-to-face conversations. Once you have registered with us, we will be in touch to tell you about what’s new on the market, and this will often be ahead of properties appearing online, giving you the edge over other potential buyers to view the best properties first. We can even offer you a home finding service using our network of contacts and local knowledge and this is often before a property has been openly offered for sale. Give yourself an advantage and contact Pilkington Estates today.