£360,000
(£167/sq. ft)
6 bed terraced house for saleHillside Avenue, Mutley, Plymouth PL4
6 beds
2 baths
1 reception
2,153 sq. ft
EPC Rating: D
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About this property
Bay Fronted Edwardian House - Six Bedrooms (Mutley)
Investment Generating Circa £41,400
Fully Let HMO
Garage
Lower Ground Laundry & Store
Spacious
Walking Distance To Uni & City Centre
EPC Rating D
Possibility Of Converting Basement Into 2 Bed Flat (Subject to Planning Consents)
Chain Free
Fully let - generating £41,400 - 11.5% yield - Nestled in the desirable area of Hillside Avenue, Mutley, Plymouth, this impressive terraced house offers a remarkable investment opportunity. Built in 1905, the property boasts a generous living space of 2,153 square feet, making it an ideal investment.
The house features six well-proportioned bedrooms, providing ample accommodation for tenants. With two bathrooms, the property ensures convenience and comfort for its occupants. The single reception room serves as a welcoming space for relaxation and social gatherings.
One of the standout features of this property is its superb location, which is highly sought after for its proximity to local amenities, university, city centre and transport links. Additionally, the property includes a garage, adding more convenience, a rarity in this area.
Currently fully let, this property generates an impressive income of approximately £40,250 per annum, making it an attractive option for investors looking to expand their portfolio. With its blend of character, space, and prime location, this terraced house on Hillside Avenue presents a unique opportunity for those looking to invest in the thriving Plymouth rental market.
*** Subject to the correct planning consents there is the possibility of converting the basement into a 2 bed flat***
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