5 bed terraced house for sale

Neswick Street, Plymouth, Devon PL1

Versatile Property With Planning Permission For Two Separate Houses

Situated on Neswick Street, this versatile property presents an exciting opportunity for both first-time buyers looking to make a home of their own and investors seeking their next project.

The property is currently arranged as a House in Multiple Occupation (HMO), with all existing tenants having been served notice to leave. Previously, all double rooms within the property were let agreed for £500 per calendar month, the single room obtaining circa £400 per calendar month. This provides an opportunity for the next owner to consider the property's future use and explore the potential to adapt the accommodation to suit their individual requirements.

Of particular interest, the current seller has planning permission in place under reference 21/01473/ful to convert the property into two separate houses, with a title split also proposed. This offers an exciting prospect for buyers looking to explore the property's development potential, subject to verifying the scope and ongoing validity of the relevant planning permission and confirming the arrangements for the title split.

Whether you are a first-time buyer looking for a property to make your own, an investor seeking a property with scope to add value, or a developer interested in the potential to create two separate dwellings, Neswick Street offers a range of possibilities.

Early viewing is recommended to appreciate the flexibility and potential this property has to offer.