Initial price	£400,000
03/10/25	£375,000
Price Change	-6.25%

This property is a well-maintained building comprising four stylish and fully let flats, generating a total of £42,911 per annum with a projected yield of 10.7% exclusive of bills. The flats are located in the popular Mutley area, just a short walk from Plymouth University, the train station, and the city centre. Each flat offers modern layouts and neutral décor, with features such as bay windows, garden access, and views over Central Park. The communal areas include a secure entrance, individual post-boxes, and a shared laundry room. The rental breakdown is as follows: Flat 1 at £8,750, Flat 2 at £11,161, Flat 3 at £12,000, and Flat 4 at £11,000 all exclusive of bills. This is an excellent turnkey investment opportunity for anyone looking for a hassle-free rental income.