>
Efford Road, Plymouth PL3 7 bed detached house for sale
Efford Road, Higher Compton, PL3 6NE
£475,000
Efford Road, Higher Compton, PL3 6NE
£475,000
Our Summary
- Spacious Detached Residence with Investment & Redevelopment Potential Efford Road, Higher ComptonNovahomes are delighted to present this unique detached residence, occupying a substantial plot in the sought-after location of Efford Road, Higher Compton
- Potential & Investment OpportunityFamily Home Conversion With vision and investment, the property could be restored to an outstanding 5/6-bedroom detached family home
- Investment Opportunity Currently achieving an approximate rental income of £24,000 per annum, both flats hold their own leaseholds, making this an attractive ready-made investment
- Development Potential Investors may wish to explore the possibility of redeveloping the site to maximize returns, subject to necessary planning permissions
- Contact Novahomes today to arrange a viewing and explore the full potential of this unique residence
Description
This spacious detached residence, located on Efford Road in Higher Compton, offers a unique opportunity for homeowners and investors alike. Currently configured as two separate flats, the property boasts a total of seven bedrooms, four bathrooms, and multiple living areas. The grounds feature two large driveways, providing ample off-road parking for multiple vehicles. The property's versatility and potential for redevelopment make it an attractive investment opportunity, with the possibility of restoring it to a stunning 5/6-bedroom family home or redeveloping the site to maximize returns, subject to necessary planning permissions. With an approximate rental income of £24,000 per annum, this property presents a rare chance to acquire a substantial property with multiple possibilities, making it an ideal opportunity for those looking to make a statement in this sought-after location.