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''Ideal first home or investment in... 2 bed apartment for sale
''Ideal first home or investment in prime Peverell''
£140,000
''Ideal first home or investment in prime Peverell''
£140,000
Our Summary
- This property would suit a first time buyer or would make an amazing investment opportunity achieving a rent of £850 per calendar month, giving a projected gross rental yield of 7% - a fantastic return
Description
This spacious two-bedroom apartment is situated in the sought-after area of Peverell, Plymouth, and offers generous accommodation over 668 sq. ft. The property features a 14' lounge with bay window and feature fireplace, an 11' kitchen/breakfast room with modern fitted kitchen and door to balcony, a modern bathroom, and two bedrooms. The apartment is presented in wonderful condition and benefits from a 199-year lease and no onward chain. With a guide price of £140,000 to £150,000, it would be an excellent opportunity for a first-time buyer or a savvy investor, with a projected gross rental yield of 7% if rented out. The property is located in a converted Victorian property, with a communal rear garden and is just moments from Central Park and Plymouth's vibrant city center.