5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Clifton Place, Plymouth, Devon, PL4
£260,000

Our Summary

  • Investment opportunity – Freehold house with two flats, Clifton Place, PlymouthLocated just off North Hill in the ever-popular Clifton Place, this freehold property is currently arranged as two self-contained dwellings, offering an excellent investment opportunity in a prime rental location close to Plymouth city centre and the university
  • £33,800 per annum• Prime central location, popular with students and professionals• Strong rental potential and long-term investment appealThis property offers buyers a ready-made investment with immediate income potential and excellent demand from both students and young professionals due to its proximity to the city centre and university

Description

This freehold property in Clifton Place, Plymouth, offers a unique investment opportunity with two self-contained dwellings. The ground floor flat is currently let, generating £7,800 per annum, while the four-bedroom maisonette is ready to move into and can be advertised for £125 per week per room, yielding a potential £26,000 per annum. With a total potential income of approximately £33,800 per annum, this property provides a strong rental potential and long-term investment appeal. Located in a prime central location, popular with students and young professionals, this property is an excellent opportunity for investors looking to generate immediate income and capital growth.