Terraced house for sale in North Hill, Plymouth, Devon PL4

We are thrilled to introduce a unique opportunity to the market; a portfolio comprising five self-contained one bedroom apartments, all of which are currently occupied. This cherished portfolio has been well-maintained for years, fostering long-term relationships with all 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. These properties are in good condition. Additionally, the portfolio includes a shared concrete space accessible to all tenants to the rear, providing a communal area for amenities such as outdoor drying lines and socialising. The five properties today generate circa £31,000 per annum, resulting in a nearly 9% 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.