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Wolsdon Street, Plymouth PL1 4 bed terraced house for sale
Wolsdon Street, Plymouth, PL1 5EH
£280,000
Wolsdon Street, Plymouth, PL1 5EH
£280,000
Our Summary
- This income-generating asset offering immediate cash flow and long-term capital growth potential in a high-demand rental area
Description
This Victorian terraced property has been professionally converted into three self-contained flats, each with its own separate EPC certification. The ground floor flat has one bedroom, a lounge, kitchen, and shower room, and is currently let on an Assured Shorthold Tenancy (AST) for £750 per month. The first floor flat has two bedrooms, a lounge, kitchen, and shower room, and is let for £845 per month. The top floor flat has one bedroom, a lounge, kitchen, and bathroom, and is let for £600 per month. The total annual rental income is £26,340, generating a strong gross yield of 9.5%. The property offers immediate cash flow and long-term capital growth potential in a high-demand rental area.