Guide price
£310,000
4 bed terraced house for saleWolsdon Street, Plymouth, Devon PL1
4 beds
3 baths
3 receptions
- Freehold
Francis Stuart Investment Sales
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About this property
Investment Property
8.5% Gross Yield
Three Self Contained Flats
Freehold
Central Location
£26,340 per annum
Wheelchair accessible
This fully tenanted Victorian terraced property has been professionally converted into three self-contained flats and separate EPC certification.
The ground floor flat comprises one bedroom, a lounge, a spacious kitchen, a shower room, and access to a rear courtyard. It is currently let on an Assured Shorthold Tenancy (AST) starting from 5th July 2024, generating £750 per calendar month. EPC Rating: D60.
The first floor flat offers two bedrooms, a lounge, a large kitchen, and a shower room. It has been let on an AST since 15th January 2024 at £845 per calendar month. EPC Rating: C70.
The second (top) floor flat includes one bedroom, a lounge, a kitchen, and a bathroom. This tenancy has been in place since 13th July 2020 with a current rent of £600 per calendar month. EPC Rating: C75.
The total annual rental income is £26,340, delivering a strong gross yield of 8.5%. This income-generating asset offering immediate cash flow and long-term capital growth potential in a high-demand rental area.
Please note
We may introduce buyers and sellers to our panel of carefully selected Conveyancers. The choice of whether to use their services is entirely yours. If you do opt to proceed with them, please be aware that we will receive a referral fee of £120 (including VAT) from the firm for the introduction. These firms have been chosen based on their strong local reputation and proven track record of excellence.
Additionally, we may refer buyers and sellers to our Financial Advisers. Again, the decision to use their services is entirely at your discretion. Should you proceed with any of their services, we will receive an average referral fee of £200 (including VAT) for the recommendation.
There is no obligation to use any of the recommended providers. However, if you choose to proceed with one, they are expected to pay us the corresponding referral fee.
To comply with Anti-Money Laundering regulations, all prospective purchasers must provide identification documents before a sale is agreed and solicitors are instructed. The cost of these checks is currently £12 (including VAT) per check, which we request you cover.
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