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Sold subject to contractInvestment

5 bed terraced house for sale Clarence Place, Morice Town, Plymouth PL2

5 beds
6 baths
1 reception

Property location

  • Morice Town Primary Academy0.2 miles
  • Marlborough Primary Academy0.3 miles
  • Devonport Ferry Terminal0.3 miles
  • Dockyard (Devonport)0.3 miles

Features and description

  • Fully Licensed HMO
  • Five Rooms
  • All With Modern En-suites
  • All Rooms Let
  • Gross Income of £25,800
  • Located In Front of Albert Gate Dockyard Entrance
  • No Onward Chain
  • Viewings Advised
  • Up To Date Health & Safety
  • EPC E
Hindhead Property is proud to present to the market an opportunity to purchase this fully operational and licensed 5 double en-suite bedroomed HMO. Located a stone's throw from the Devonport Dockyard (0.1 mile), local amenities (0.2 miles) and transport links (0.1 mile).

Currently fully tenanted with renewing tenants, producing £25,800 p.a. Gross income, making it a fantastic addition to your portfolio or even starter investment property. Gross income could increase to produce circa. £27,300 p.a. Over the coming months with the demand seen in the market.

Fully renovated and fitted out within the last 18 months with new furniture, carpets and flooring, white goods, high gain tv aerial and a new combi-boiler and controls fitted in April 2021 with 10-year warranty. The property offers stylish and modern living. Broadband is currently provided for all rooms and cleaning to all communal areas is carried out bi-weekly.
The property offers full compliance with safety regulations including operational fire alarms and emergency lighting tested on a weekly basis and logged by visiting engineer.

The ground floor briefly comprises two en-suite double bedrooms, separate W/C, dining room and fully fitted kitchen featuring ample storage cupboards, two ovens, 5 ring gas hob, fridge freezer, washing machine, tumble dryer and dishwasher with door to courtyard. The outside offers low maintenance outdoor space and bicycle shelter with gate to rear lane.
On the first floor you will find 3 further spacious en-suite bedrooms, with one being exceptionally large spanning the complete width of the property.

Negotiators thoughts:
What is not to love about this investment which offers the purchaser Immediate returns.
Photographs were taken more than 6 months ago but, in our view, current condition is still comparable to photographs as current owner/landlord is very particular about maintaining high standards of accommodation

***covid-19 update*** For more information about what is required by you if attending viewings please visit:

Accommodation Reference made to any fixtures, fittings, appliances or any of the building services does not imply that they are in working order or have been tested by us. Purchasers should establish the suitability and working condition of these items and services themselves.

Viewings We anticipate high demand for this property and advise early viewings to avoid disappointment. All applicants will be subject to a rigorous registration/ financial verification process. Viewings will be booked by appointment only, and are subject to availability. For more information, please call .

Services Mains gas, electricity, water and drainage.

1 floor plan available

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Property descriptions and related information displayed on this page are marketing materials provided by - Hindhead Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hindhead Property for full details and further information.