6 bed property for sale

Fore Street, Devonport, Plymouth, Devon PL1

An opportunity to purchase a substantial investment property comprising an end-terraced period building which has been converted into 6 well proportioned apartments. Offering a potential purchaser an annual income of £43,440 (circa 8% yeild).

An impressive and imposing building with 6 individual flats being sold as an ongoing concern with tenants in situ.

Flat 1 (£750pcm) - A unique duplex apartment laid over the ground and lower ground floor, comprising entrance hallway, open plan living room, dining room and kitchen, one double bedroom, useful storage room an a large bathroom

Flat 2 (£550pcm) - Another duplex apartment laid over the ground and lower ground floor with accommodation comprising open plan lounge/diner, modern fitted kitchen, two bedrooms and a large modern bathroom.

Flat 3 (£550pcm) - located on the first floor, this apartment offers accommodation including entrance vestibule, open plan kitchen, dining and living room, one double bedroom and a modern bathroom.

Flat 4 (£550pcm) - Also on the first floor, this apartmnt offers accommodation including entrance hallway, open plan kitchen and living area, one double bedroom and a bathroom.

Flat 5 (£550pcm) - Located on the second floor, this apartment has the same layout as flat 3 below, with accommodation comprising entrance vestibule, open plan kitchen, living and dining room, one double bedroom and a bathroom.

Flat 6 (£550pcm) - Also on the second floor and with a similar layout to flat 4 below, this apartment offers accommodation including entrance hallway, open plan kitchen and living room, one double bedroom and a bathroom.

The property is located in Devonport, an area to the west of Central Plymouth which is well known for being the home of Devonport Dockyard, the UK's second largest Naval facility. Having undergone several years of redevelopment, Devonport now offers a range of both newly built and traditional homes which are popular thanks to being within close proximity to Plymouth City Centre, Plymouth College and the famous Royal William Yard. The area offers local amenities and access to many more in both the City Centre and nearby Stoke Village. Regular bus routes operate through Devonport giving access to a number of locations across the city and the Torpoint Ferry is also nearby giving access into Cornwall and the stunning Rame Peninsula.

Also included with this property is a large stone built garage to the rear which is also rented separately at £120 per calendar month. Additionally there is a private rear courtyard which each flat can make use of.