8 bedroom House Sold STC

SUMMARY This spacious and well-located property presents an exceptional opportunity for investors, featuring eight individual studio flats, each offering strong rental potential. With a projected rental income of over £67,200 per annum.

LOCATION Mount Gould, Plymouth is a well-established and sought-after residential area offering a mix of tranquillity and convenience. Located just a short distance from Plymouth City Centre, Mount Gould is known for its community atmosphere, making it an appealing choice for families, professionals, and first-time buyers.

DESCRIPTION This spacious and well-located property presents an exceptional opportunity for investors, featuring eight individual studio flats, each offering strong rental potential. With a projected rental income of over £67,200 per annum, this property stands out as a fantastic addition to any investor's portfolio, offering income generation and long-term financial returns.

Each studio flat is designed for independent living, making the property attractive to a wide range of tenants, from students and young professionals to those seeking affordable, convenient accommodation. Located in a high-demand area, the property enjoys excellent access to local amenities, public transport, and the city centre, ensuring its appeal to tenants.

The property is in need of refurbishment, offering the opportunity to enhance the flats through modernization and upgrades. This presents a perfect chance to increase the property's rental yield and capital value. Once renovated, the flats could offer a modern, comfortable living environment that would appeal to an even broader range of tenants, driving rental demand and occupancy.

Whether you're a seasoned investor or looking to embark on a new project, this property promises high returns, room for capital growth, and the potential to create a fully modernized portfolio asset. With rental demand for studio flats consistently strong, this is a unique chance to step into a profitable venture with long-term rewards.

Don't miss out on this incredible investment opportunity-contact us today to book a viewing and discover the full potential this property has to offer!

VIEWINGS Interested applicants should call Martin & Co (Plymouth) today on 01752 255 255 in order to arrange their viewing appointment.

NOTE TO APPLICANTS We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Move With Us conveyancing. It is your decision whether you choose to deal with Move with Us. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.

EPC The EPCs for the flats are as follows:
Flat 1 - D, Flat 2 - C, Flat 3 - E, Flat 4 - E, Flat 5 - B, Flat 6 - D, Flat 7 - E, Flat 8 - E

COUNCIL TAX The council tax bands for the flats are as follows:
Flat 1 - A, Flat 2 - A, Flat 3 - A, Flat 4 - A, Flat 5 - A, Flat 6 - A, Flat 7 - A, Flat 8 - A