Mayfair House, Plymouth PL4 Studio for sale

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Mayfair House, Plymouth PL4 Studio for sale

Mayfair House, 59 Regent Street, Plymouth, Devon, PL4
£65,000

Our Summary

  • For prospective investors, this property offers a potential rental return of approximately £650 per calendar month, making it a lucrative addition to any property portfolio
  • Whether you are looking for an investment opportunity with a strong rental yield or a first home in a vibrant location, this studio apartment in Mayfair House is well worth considering
  • Contact us today to arrange a viewing and explore the full potential of this property

Description

This studio apartment in Mayfair House, Plymouth, offers an excellent opportunity for both investors and first-time buyers. Situated on the fourth floor, the property boasts a prime location in the heart of the town centre, with easy access to shops, restaurants, and amenities. The well-designed apartment features an open-plan lounge and bedroom area, a Juliet balcony, electric heating, a bathroom, and a compact kitchen. With a potential rental return of £650 per calendar month, it's a lucrative investment opportunity. For first-time buyers, the manageable service charges and ground rent make it a cost-effective entry point into property ownership. With an EPC rating of C74, the property is also energy efficient. While it doesn't include parking, its proximity to public transport links and the town centre minimises the need for a private vehicle. Overall, this studio apartment is a great option for those looking for a vibrant location and a hassle-free living experience.