4 bed terraced house for sale

Nelson Street, Plymouth, Devon PL4

A well-located four-bedroom student property on Nelson Street, offered with tenants in situ and generating an attractive 11%+ return. Situated in a highly popular rental area just moments from the University of Plymouth and the city centre, this is an excellent turnkey investment opportunity with immediate income in place. Call to book a viewing.

Full Description

The property benefits from gas central heating, double-glazed windows, a rear courtyard, downstairs WC and an upstairs bathroom, providing practical and low-maintenance accommodation ideally suited to the student rental market. The layout has proven consistently popular with tenants and supports strong, reliable occupancy.

Sold with tenants in situ, the property is fully let to students for the current academic year, generating an income of £2,085 pcm until 16th August 2026. It is also pre-let and signed for the following academic year, producing £2,172 pcm until August 2027, offering excellent forward income security. The property has been fully managed by a local agent since 2011, who would be happy to continue managing the property for the next owner if required.

Material Information

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Tenure - Freehold
Council Tax Band - A
Local Authority - Plymouth City Council
Source Of Heating - Gas Central Heating
Source Of Electric - Mains Electric
Source of Water - Mains Water
Arrangement for Sewerage - Mains Sewerage
Parking - Residents Permit
Sold With Tenants in Situ - the property is fully let to students this year with an income of £2085pcm until 16th August 2026, it is also already booked and signed up for the next (academic) year with an income of £2172pcm until August 2027.