3 bed terraced house for sale

Third Avenue, Plymouth PL1

An excellent development and investment opportunity situated in a popular residential area of Plymouth. Originally a traditional three-bedroom Victorian terraced property, this versatile residence has been converted into two separate one-bedroom self-contained flats, each held on individual leases.

The property is being sold with the entire freehold title included and no onward chain.

Property Description

The property now requires a course of cosmetic updating and modernization throughout, providing a blank canvas for purchasers to add significant value. For investors, the layout offers a turn-key framework to refurbish two distinct income-generating units, maximizing rental yields in a high-demand area. Alternatively, for those seeking a generous family home, the building retains the classic footprint and proportions of a classic three-bedroom terraced home, allowing for a straightforward reconversion back into a single dwelling (subject to necessary permissions).

Entering on the ground floor, a communal entrance vestibule leads into the self-contained ground-floor flat. This level features a bright front-facing living room, a well-proportioned double bedroom, a kitchen, and a bathroom, with direct access out to a private enclosed rear courtyard. The first-floor flat is accessed via internal stairs and mirrors a similar generous footprint, comprising a spacious lounge, double bedroom, fitted kitchen, and bathroom.

Outside, the property benefits from an enclosed rear garden/courtyard, ideal for outdoor seating or secure storage, alongside standard on-street parking to the front.

Situated in Third Avenue, the property is conveniently placed for access to Plymouth City Centre, Devonport Railway Station, local schools, parks, and major bus routes. Offered to the market with vacant possession and no onward chain, viewing is highly recommended to fully appreciate the potential and scope on offer.

Property Ownership Information

Tenure

Freehold

Council Tax Band

A

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.