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10 bedroom semi-detached house for sale
Boringdon Villas, Plympton, Plymouth, PL7 4DY
£425,000
Boringdon Villas, Plympton, Plymouth, PL7 4DY
£425,000
Our Summary
- Investment Potential:With a guide price of £425,000 to £475,000 this is a very good investment and this property offers an attractive yield for investors
- Conversion Potential:While the property is currently set up as an HMO, it could also be converted into a family home if preferred
- The large parking area and private gated road add to its potential for a high-end residential property if you were to convert it back into a single-family dwelling
- Additionally, the property’s size and layout offer future potential for conversion into a family home, should that be the direction you wish to take
Description
This 10-bedroom property in Plympton, Plymouth, is a fantastic investment opportunity, offering a very good yield and a reliable income stream. The property is currently arranged as a 7-bedroom HMO and a 3-bedroom self-contained flat, with en-suites, bathrooms, and ample parking for 11 cars. The location on a private gated road provides a quiet and secure environment, ideal for tenants. The property's features, including communal kitchen and living areas, rear gardens, and convenient location, make it highly marketable and likely to attract reliable tenants. Additionally, the property's size and layout offer future potential for conversion into a family home, should that be the desired direction. With a guide price of £425,000 to £475,000, this property is an excellent choice for investors looking for a steady rental income or for those considering converting the building into a family home.