End terrace house for sale in Alexandra Road, Mutley, Plymouth PL4
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Property features
- HMO
- Annual income of £54,080
- Well presented throughout
- New boilernew fuse box
- New grade 1 fire alarm
- Communal lounge & kitchen
- 2 bathrooms
- Downstairs WC
- Kitchen & laundrette area
- Rear garden
- Level access
Property description
This 8-bedroom end-of-terrace property in Mutley Plain, Plymouth, represents an outstanding investment opportunity, especially for those seeking a steady and substantial income stream. With a fully-let status and an impressive annual rental income of £54,080, this property promises excellent returns.
Prime Location
Mutley Plain is a vibrant and popular area known for its high demand for rental properties, particularly HMOs. The property's strategic location within walking distance to Mutley Plain High Street ensures high tenant occupancy rates. The area is bustling with local amenities, including shops, restaurants, takeaways, and cafes, providing convenience for residents. The well-connected bus routes also make commuting around Plymouth effortless, adding to the appeal for tenants, particularly students and young professionals.
Property Features
Bedrooms: The property features 8 generously sized double bedrooms, offering ample living space for each tenant. The spacious layout ensures a comfortable living experience, which is crucial for tenant satisfaction and retention.
Bathrooms: Spread across three floors, the property has a bathroom on each level, which minimizes wait times and enhances convenience for tenants, making it suitable for shared living.
Communal Areas: The property includes a communal lounge, ideal for socializing, and a well-equipped kitchen that serves as a hub for daily activities. Additionally, the top floor houses a separate kitchen and a dedicated laundrette area, catering to the needs of multiple tenants without overcrowding the main communal space.
Outdoor Space: The front and rear level-access gardens are rare and valuable features in a city setting. These outdoor areas provide tenants with a space to relax, socialize, or even engage in gardening, enhancing the overall living experience.
Property info
For more information about this property, please contact
RE/MAX Property Hub TQ1 - Torquay City, TQ12 on +44 1803 268432 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RE/MAX Property Hub TQ1 - Torquay City, and do not constitute property particulars. Please contact RE/MAX Property Hub TQ1 - Torquay City for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.