>
4 bedroom terraced house for sale
162 Albert Road, Plymouth, Devon PL2 1AQ
£160,000
Our Summary
- For Sale by Unconditional Livestream Auction Tuesday 25th March 2025 at 14:00
- A mixed use investment property with tenants in situ offering potential income of £28,800 per annum, comprises of commercial shop and multi-let house above
- An incredible investment opportunity with returns of £28,800 per annum on full occupancy
- ACCOMMODATION Shop area Store Kitchen area WC Entrance Hall Communal Kitchen / Living Area Bathroom One Bathroom Two Bedroom Two Bedroom Three Bedroom Four Bedroom OneVIEWINGS Regular block viewing sessions will be provided in the lead up to the auction
- Please telephone Auction House South West on to request a viewing
- For Sale By Unconditional Livestream Auction Tuesday 25th March 2025 at 14:00
Description
This mixed-use investment property is located in a popular area near the Royal Naval Base in Devonport and is up for sale by unconditional livestream auction on March 25th, 2025. The property comprises a commercial shop on the ground floor, currently rented on a 4-year lease, and a four-bedroom house above, which is multi-let and generates an income of £28,800 per annum. The shop has a rental income of £500 per month, while the four bedrooms above are tenanted, with three rooms returning an income of £1,445 per month and a fourth room currently vacant but being advertised at £455 per month. The property offers a significant investment opportunity with potential returns of £28,800 per annum on full occupancy. Viewings can be arranged through Auction House South West.