5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Molesworth Road, Plymouth, Devon, PL1
£340,000

Our Summary

  • High-Yield Freehold Investment - Fully Let Block of Four Flats National Residential are pleased to present this impressive Grade II listed freehold block of four self-contained flats, offering an outstanding investment opportunity in a high-demand rental area of Plymouth
  • * Strong Yield Potential - This property presents an excellent opportunity for investors, with the potential to achieve a high gross rental yield relative to market value
  • Excellent Investment Opportunity

Description

This impressive Grade II listed freehold block of four self-contained flats in Plymouth offers a high-yield investment opportunity. The property is fully let and generates a gross annual rental income of £31,020, presenting a strong potential for investors to achieve a high gross rental yield relative to market value. With no service charges or additional ground rent, this is a low-maintenance investment. The property is located in a popular residential area with strong rental appeal, close to Plymouth City Centre, University, and excellent transport links. The fully tenanted property offers instant rental income and long-term capital growth potential, making it an attractive turnkey investment for those looking for a hassle-free investment opportunity.
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