8 bedroom end of terrace house for sale

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8 bedroom end of terrace house for sale

Alexandra Road, Mutley, Plymouth
£420,000

Price History

Initial price £450,000
07/11/24 £420,000
Price Change -6.67%

Description

This 8-bedroom end-of-terrace property in Mutley Plain, Plymouth, is a lucrative investment opportunity with a fully-let status and an impressive annual rental income of £54,080. Located in a vibrant and popular area, the property benefits from high demand for rental properties, particularly HMOs, and is within walking distance to local amenities, including shops, restaurants, and bus routes. The property features 8 generously sized double bedrooms, three bathrooms, a communal lounge, and a well-equipped kitchen, as well as separate kitchen and laundrette areas on the top floor. The property also boasts rare level-access gardens at the front and rear, providing tenants with outdoor spaces to relax and socialize. With its prime location and excellent returns, this property is an attractive investment opportunity for those seeking a steady and substantial income stream.