Radnor Street, Plymouth PL4 5 bed block of apartments for sale

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Radnor Street, Plymouth PL4 5 bed block of apartments for sale

Radnor Street, Plymouth PL4
£350,000

Our Summary

  • Freehold Investment Opportunity

Description

This is a fantastic opportunity to acquire a fully let, income-producing freehold property in the popular Greenbank area of Plymouth. The property is arranged as three self-contained flats, generating a gross annual income of £37,250 and offering a strong yield of approximately 10.7% (exclusive of bills). The flats, each with its own unique layout and appeal, are currently let on fixed terms from next year and are located within walking distance of Plymouth University, the city centre, and the train station. The property benefits from off-street parking and a communal courtyard, and is a rare combination of urban convenience and a peaceful, green setting. With strong income, a central location, and off-street parking, this property is an ideal investment for portfolio landlords or those seeking solid returns.