Terraced house for sale in Wyndham Square, Plymouth, Devon PL1

We are thrilled to introduce a unique opportunity to the market; a portfolio comprising six self-contained one bedroom apartments, five of which are currently occupied. This cherished portfolio has been well-maintained for years, fostering long-term relationships with many of its tenants. As a result, it is primed and ready for someone to step in and immediately enjoy the benefits of a hassle-free rental business. This diverse opportunity encompasses six comfortable one-bedroom apartments. These properties are in good condition, with some recently refreshed interiors. Additionally, the portfolio includes a shared concrete space accessible to all tenants to the rear, providing a communal area for amenities such as laundry and outdoor drying lines. The six properties today generate circa £37,000 per annum, resulting in an 8% yield. If the individual properties were to be re-decorated and rental reviews scheduled, there's no reason an investor wouldn't be able to achieve a 10% yield.

Epc''s -
First Floor Flat, 33 Wyndham - E
Flat 1 - E
Flat 2 - F
Flat 3 - E
Flat 5 - E
Flat 6 - E