This property has been taken off the market.

5 Bed Terraced House For Sale Ashford Road, Plymouth, PL4

£265,000- Terraced

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Last Updated: 21st February 2024

Description

Property Description

Situated in a popular location in Mannamead this 3 storey HMO offers a great return on the your investment. The property will be fully let on completion to any new buyer but currently 4 of the rooms are let to long term tenants each paying £500pcm. When fully let the property brings in a gross income of £30,000 per annum, giving a potential yield of 11.3% based on the asking price.

The property has one large bathroom with a bath and separate shower, all of the letting rooms are double rooms and on the lower ground floor there is the communal living room and kitchen.

At the rear of the property there is a small garden and patio leading to the double garage. The garage offer plenty of space for storage for the tenants or room for 2 vehicles.

Area Description

Plymouth, Britain’s Ocean City, is one of Europe’s most vibrant waterfront cities. Located in one of the most beautiful locations imaginable, Plymouth is sandwiched between the incredible South West coastline and the wild beauty of Dartmoor National Park.
There’s everything you’d expect to find in a cool, cultural city, with great shopping, arts and entertainment. But there’s also hundreds of years of history to uncover, from Sir Francis Drake and the Spanish Armada to the Mayflower sailing in 1620, to a city rebuilt following the Blitz during World War II. With easy access to Exeter and its International Airport and a mainline train station giving direct access to London and a ferry port offering sea crossings to both France and Spain.

Council Tax Band - B
EPC Rating - C
Tenure - Freehold
Agent Details
The Property Experts
13 Hanover Square, Mayfair, London, W1S 1HT

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested