Plymouth PL2 5 bed terraced house for sale

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Plymouth PL2 5 bed terraced house for sale

Albert Road, Plymouth, Devon, PL2 1AF
£300,000

Our Summary

  • This property also includes a large detached double garage with excellent potential for development, subject to the necessary planning permissions
  • This space is ideal for conversion or further development, subject to planning permissions
  • Fully tenanted and generating significant rental income, this property offers a rare combination of immediate returns and development potential

Description

This well-presented property is a fully let investment opportunity generating a gross annual income of £30,000. The property comprises a 4-bedroom letting house and a self-contained studio flat, as well as a large detached double garage with potential for development, subject to planning permissions. The ground floor features an open-plan kitchen and communal area with stylish fittings, while the studio flat has a bed/sitting room, kitchenette, and shower room. The first floor has two spacious letting rooms, a laundry room/kitchen, and two newly fitted shower rooms. The second floor offers two additional letting rooms. The property has an enclosed rear courtyard and a detached garage or store room with independent power supply, lighting, and double doors, offering potential for conversion or further development. The property is fully tenanted with working professional contractors, making it an ideal turn-key investment with immediate returns and development potential.
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