LUCRATIVE RESIDENTIAL INVESTMENT PROPERTY

Ref : M3418

Price

Freehold : Offers in the Region of :: £500,000.00 SAV SOLE AGENTS

Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.

  • Lucrative residential investment property.
  • Convenient central location close to main city centre, Mutley Plain and university.
  • Imposing period premises with twelve letting bedrooms, three kitchens, three bath/shower rooms, laundry, w.c. and car park.
  • Full HMO Licence for fourteen persons.
  • Gross rental income approx. £43,000 per annum, high occupancy level.
  • Viewing recommended.

This imposing period property occupies an enviable central trading position in Connaught Avenue in the popular and sought after residential area of Mutley.  It is located just off Mutley Plain, a busy secondary retail shopping area, with Plymouth’s main city centre and expanding university within a mile or so.  Consequently, the business enjoys high occupancy levels and a consistent annual income.  

Plymouth, with a population of over 250,000 is the largest city in the West Country.  Largely rebuilt since World War II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards.  The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail.  Europe is also accessible by the car/passenger ferry which is operated from its terminal at Millbay Docks.




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Viewing

Our clients require that all viewings must be arranged by prior appointment through our offices. Telephone now on PLYMOUTH (01752) 20 60 20 (24hr answering service) when we will be pleased to make all your appointments for you, and bring you up-to-date with newly listed businesses.

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Office Address

Huntley & Partners
Spargo House
10 Budshead Way
Plymouth
Devon
PL6 5FE

Telephone

01752 206020

(24hr answering service)