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4 bed terraced house
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Our Summary
- Parking Potential (STPP)
- Substantial Freehold Residential Investment Opportunity – Potential Gross Income Circa £28,000 Per Annum An excellent opportunity to acquire a substantial freehold residential investment comprising three self-contained apartments in a highly desirable and well-established residential location
- Subject to the necessary consents, there is potential to reconfigure this outdoor space to create off-street parking, in line with neighbouring properties, which may further enhance rental demand and income potential
- Based on current market conditions, the property offers a potential gross annual rental income of approximately £28,000, with scope for further enhancement through active management and the potential creation of off-street parking
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Description
The property is a substantial freehold residential investment located in a highly desirable area, comprising three self-contained apartments arranged over multiple levels. The accommodation includes a lower ground floor apartment with private entrance and access to an attractive rear garden, a first floor studio apartment, and a spacious two-bedroom maisonette on the upper floors. The property has a prime position within walking distance of Victoria Park and offers easy access to Plymouth City Centre, Plymouth University, and local amenities.
Each apartment is currently configured to provide a unique living space, with the potential for reconfiguration and the creation of off-street parking on the rear garden subject to necessary consents.