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 annual income of £42,911 with a projected yield of 10.7% exclusive of bills. The flats, located in the popular Mutley area of Plymouth, offer modern layouts and neutral décor, with features such as bay windows, garden access, and views over Central Park. The building has a secure entrance, individual post-boxes, and a shared laundry room, and is just a short walk from Plymouth University, the train station, Mutley Plain, and the city centre. The rental breakdown is £8,750 for Flat 1, £11,161 for Flat 2, £12,000 for Flat 3, and £11,000 for Flat 4, all exclusive of bills. The property is an excellent turnkey investment opportunity with a secure income stream.