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Molesworth Road, Plymouth PL1 8 bed end of terrace house for sale
Molesworth Road, Stoke, Plymouth, Devon, PL1
£350,000
Molesworth Road, Stoke, Plymouth, Devon, PL1
£350,000
Our Summary
- Fully Let Mixed-Use Investment – 7-Bed HMO, Established Hair Salon, and 1-Bed FlatA rare and highly versatile investment opportunity comprising a fully let, mixed-use property arranged over four levels, delivering three dependable income streams
- Gas £1900Elec £2200 including the laundry roomWater £900Council tax band B £1825 (2025/26)The Shop £430pcm - No rent increasesRoom A £460pcm - Last rent increase 21/1/25Room B £450pcm - Last rent increase 31/1/25Room D £400pcm - Last increase 26/1/25Room E £400pcm - Last increase 20/3/25Room F £450pcm - Last increase 21/1/25Room G £390pcm - No increasesRoom H £390pcm - currently has a temporary tenantBasement Flat - £560pcm - Last rent increase 27/12/24A rare and highly versatile investment opportunity comprising a fully let, mixed-use property arranged over four levels, delivering three dependable income streams
- his property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the 'Reservation Period')
- Sold Via Auction with IAm Sold
- Sold Via Auction with IAmSold
Description
This is a rare and highly versatile investment opportunity comprising a fully let, mixed-use property arranged over four levels, delivering three dependable income streams. The property includes a licensed 7-bedroom HMO, a ground floor commercial unit with a long-standing tenant, and a self-contained one-bedroom flat on the lower ground floor. The HMO is partially let with one room on the market, while the commercial unit is let to an established hairdresser and the flat is currently let. The property benefits from a strong rental history, with a total monthly income of £3,140. The property is being sold by the Modern Method of Auction, with a reservation period of 56 days.