6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Wyndham Square, Plymouth, Devon PL1
£375,000

Price History

Initial price £450,000
14/08/24 £425,000
02/11/24 £375,000
Price Change -16.67%

Description

This unique portfolio comprises six self-contained one-bedroom apartments, five of which are currently occupied, offering a hassle-free rental business opportunity. The properties have been well-maintained, fostering long-term relationships with tenants, and are ready for someone to step in and enjoy the benefits. The apartments are in good condition, with some recently refreshed interiors, and share a communal area for laundry and outdoor drying lines. The portfolio generates circa £37,000 per annum, resulting in an 8% yield, with potential to increase to 10% with refurbishments and rental reviews.