Lisson Grove, Plymouth PL4 6 bed terraced house for sale

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Lisson Grove, Plymouth PL4 6 bed terraced house for sale

Lisson Grove, Plymouth PL4
£290,000

Our Summary

  • SUMMARY *SUPERB INVESTMENT OPPORTUNITY IN MUTLEY, PLYMOUTH*This generously proportioned, six-double-bedroom property is arranged over three floors and is a proven income generator, making it an ideal addition to any investment portfolio
  • DESCRIPTION The property is currently almost fully let, with a total annual income of £32,400, and with just one vacant room being advertised, the potential for a full income stream is imminent
  • The property would, however, benefit from some improvements in places, offering an excellent chance for a new owner to add value and further enhance its rental appeal
  • This property is a fantastic opportunity for an investor seeking a high-yielding asset in a desirable and established rental market, with the added potential to increase its value through strategic improvements

Description

This six-bedroom property in Mutley, Plymouth, is a superb investment opportunity, offering a proven income generator with a total annual income of £32,400. The property is located in a prime residential area, close to Plymouth University and the city centre, making it an attractive choice for tenants. The property is currently almost fully let, with just one vacant room, and would benefit from some improvements to enhance its rental appeal. The interior is well-maintained, with a sitting room, modern kitchen/breakfast room, shower room, and six spacious double bedrooms across three floors. With a dedicated boiler room/utility area and an additional bathroom with separate WC, this property is a fantastic opportunity for an investor seeking a high-yielding asset in a desirable rental market.