Wolsdon Street, Plymouth PL1 4 bed terraced house for sale

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Wolsdon Street, Plymouth PL1 4 bed terraced house for sale

Wolsdon Street, Plymouth PL1
£280,000

Our Summary

  • SUMMARY *AN EXCEPTIONAL INVESTMENT OPPORTUNITY*Presenting a superb opportunity for investors, this impressive Victorian terraced property stands as a prime example of a meticulously managed, income-generating asset
  • Offered for sale with all three units currently fully tenanted, this property promises immediate cash flow and significant long-term capital growth potential in a highly sought-after rental area
  • Investment Potential:With all three flats fully occupied, the property generates a robust total annual rental income of £26,340

Description

This impressive Victorian terraced property in Stonehouse, Plymouth, offers an exceptional investment opportunity with a prime location and excellent transport links. The property has been professionally converted into three self-contained flats, each with its own separate Energy Performance Certificate, ensuring compliance and efficiency. The flats are currently fully tenanted, generating a robust total annual rental income of £26,340, with a strong gross yield of 9.5%. The property benefits from a prime location near the waterfront, with a variety of amenities, recreational opportunities, and ongoing regeneration projects enhancing the area's appeal. With immediate cash flow and significant long-term capital growth potential, this property promises to be a reliable and profitable addition to any investment portfolio.