Guide price
£280,000
4 bed terraced house for saleWolsdon Street, Plymouth PL1
4 beds
3 baths
3 receptions
- Freehold
Francis Stuart Investment Sales
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About this property
Investment Property
9.5% Gross Yield
Three Self Contained Flats
Freehold
Central Location
£26,340 per annum
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 9.5%. This income-generating asset offering immediate cash flow and long-term capital growth potential in a high-demand rental area.
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