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Devonshire Street, Devon PL4 4 bed terraced house for sale
Devonshire Street, Devon PL4
£240,000
Devonshire Street, Devon PL4
£240,000
Our Summary
- Located in a prime central area of Plymouth, this four-bedroom property offers exceptional potential for both families and investors
- The property has the potential to be generating an impressive rental income of approximately £28,000 per annum, delivering a gross yield of around 11% Originally a three-bedroom home, one of the bedrooms was previously the dining room and could easily be converted back if desired, offering flexibility in layout
Description
This four-bedroom property in central Plymouth offers a rare opportunity for both families and investors. With the potential to generate a significant rental income of £28,000 per annum, delivering a gross yield of 11%, this property is an attractive investment option. Originally a three-bedroom home, the property has an adaptable layout, allowing one of the bedrooms to be converted back into a dining room if desired. The property features a good-sized kitchen, downstairs WC, and ample lounge, making it well-suited for comfortable family living or continued use as a rental. The maintainable garden includes raised decking, providing an attractive outdoor space for relaxing or entertaining. Its central location ensures easy access to local amenities, including Plymouth University, the Barbican, and city center, as well as excellent transport links, making it a highly appealing option for both tenants and prospective homeowners.