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4 bedroom end of terrace house for sale
Wilton Street, Plymouth
£230,000
Wilton Street, Plymouth
£230,000
Our Summary
- Freehold investment opportunity – end of terrace, mixed-use property
- This property presents an ideal opportunity for investors seeking a ready-made income stream with scope for increased returns
Description
This freehold property offers a unique investment opportunity, comprising a four-bedroom maisonette apartment and a ground floor retail unit. The maisonette is currently let on a company tenancy agreement, generating £14,400 per annum, while the retail unit is let under a commercial lease, bringing in £6,000 per annum. The property also features a separate garage, which is currently vacant but has potential for rental income of £1,500-£2,000 per annum. With a total gross income of £21,900 per annum, this property presents an attractive opportunity for investors seeking a ready-made income stream with scope for increased returns.