Houndiscombe Road, Plymouth PL4 4 bed terraced house for sale

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Houndiscombe Road, Plymouth PL4 4 bed terraced house for sale

Houndiscombe Road, Plymouth, PL4 6HF
£400,000

Our Summary

  • Freehold - Investment Opportunity

Description

This property is a well-maintained building comprising four fully let flats, generating a total annual income of £42,911 with a projected yield of 10.7% exclusive of bills. The flats offer modern layouts and neutral décor, with features such as bay windows, garden access, and views over Central Park. The building is located in the popular Mutley area, just a short walk from Plymouth University, the train station, and the city centre, with nearby green spaces like Mutley Park and Central Park. The flats are let at £8,750, £11,161, £12,000, and £11,000 per annum, respectively, and the building offers a range of amenities including a secure entrance, individual post-boxes, and a shared laundry room.