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5 bedroom terraced house for sale

Plymouth PL2
Added today
Terraced house
5 beds
3 baths
1,636 sq ft / 152 sq m
Added today

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Tenure: Freehold
  • Excellent investment opportunity
  • Large detached double garage
  • UPVC double glazing
  • Gas central heating
  • Easy access to Devonport Dockyard, Stoke Village and bus/train routes
  • 4 letting room house plus studio flat
  • Producing a gross income of £30,000 per annum
  • Fully let to working professionals
A well presented, fully let property generating a gross annual income of £30,000, comprising a 4-bedroom letting house and a self-contained studio flat. This property also includes a large detached double garage with excellent potential for development, subject to the necessary planning permissions. Fully tenanted with working professional contractors, this is an ideal turn-key investment.

On the ground floor, the property features an open-plan kitchen and communal area. This space is fitted with stylish grey base units and granite-effect worktops, a stainless steel sink with a mixer tap, an integrated oven, and a 4-ring electric hob with an extractor. There is also space for two fridge-freezers. Double-glazed windows and French doors open onto the rear courtyard, creating a bright and inviting space.

The studio flat includes a bed/sitting room with a panel radiator, a kitchenette fitted with a stainless steel sink, integrated fridge, and heated towel rail, and a fitted shower room with a glazed shower cubicle, electric shower, pedestal basin, WC, and heated towel rail.

On the first floor, the property comprises two spacious letting rooms. There is a laundry room/kitchen equipped with modern grey units, plumbing for a washing machine, and a wall-mounted gas boiler. Two newly fitted shower rooms are also located on this floor, both featuring modern white suites with tiled shower cubicles, pedestal basins, and WCs.

The second floor offers two additional letting rooms, both providing ample space and natural light.

Outside, the property features an enclosed rear courtyard accessible from both the communal area and the studio flat. A large detached garage or store room is located at the rear, equipped with an independent power supply, lighting, and double doors. This space is ideal for conversion or further development, subject to planning permissions.

All main utilities are connected to the property. Fully tenanted and generating significant rental income, this property offers a rare combination of immediate returns and development potential.
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About this agent

Francis Stuart Sales & Lettings - Plymouth
Francis Stuart Sales & Lettings - Plymouth
40 Mannamead Road Plymouth, Devon PL4 7AF
01752 948963
Full profileProperty listings
If you are considering selling your home or already have it listed on the market, naturally, your goal is to secure the highest possible price with minimal effort. Acquiring the skill to discern the actions that lead to a premium price and those that are a waste of time and money takes considerable experience. While selling a property might seem straightforward, achieving a premium price is a different challenge altogether. Fortunately, we’re here to unveil some of our trade secrets through this comprehensive 13-step guide to success. A significant part of achieving success lies in the art of marketing, promotion, and viewing strategy. While presenting your property in perfect condition is crucial, neglecting these essential steps could hinder you from achieving the desired sale. Our success stems from diligently following these steps with each sale, resulting in consistently above-average national sales records. These steps go beyond simply listing the property on platforms like Zoopla or Rightmove and waiting for a sale to happen. While some agencies may opt for a quick and basic approach, we believe that our years of experience provide us with a competitive edge, enabling us to secure better value sales.
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