5 bed terraced house for sale

Clifton Place, Plymouth, Devon PL4

Investment opportunity – Freehold house with two flats, Clifton Place, Plymouth

Located just off North Hill in the ever-popular Clifton Place, this freehold property is currently arranged as two self-contained dwellings, offering an excellent investment opportunity in a prime rental location close to Plymouth city centre and the university.

Ground Floor Flat
A one-bedroom flat comprising a living room, fitted kitchen, bathroom, and a private yard. The flat is currently let and generating rental income (£650 per month, bills not included), producing a total annual income of approximately £7,800.

Maisonette
Spanning the upper floors, the maisonette offers four bedrooms, a bathroom, a separate WC, and an open-plan kitchen/dining area and a living room. The maisonette is ready to move into. The current owner advertises the rooms at £125 per week per room, providing a total potential rental income of approximately £26,000 per annum.

Key Features:

• Freehold investment property split into two dwellings
• One-bedroom ground floor flat with private yard (currently let at £650pcm, bills not included – approx. £7,800 p.a.)
• Four-bedroom maisonette, ready to move into
• Current advertised rental for maisonette: £125 per week per room (approx. £26,000 p.a.)
• Total potential income (subject to market conditions): Approx. £33,800 per annum
• Prime central location, popular with students and professionals
• Strong rental potential and long-term investment appeal

This property offers buyers a ready-made investment with immediate income potential and excellent demand from both students and young professionals due to its proximity to the city centre and university.