Flat for sale in Cheriton Close, Plymouth PL5
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Property features
- Purpose Built Apartment
- 2 Double Bedrooms
- Lounge / Diner
- Double Glazing
- Gas Central Heating
- Far Reaching Views
- Currently Let
Property description
Guide Price of £70,000 to £80,000
Introducing this charming 2-bedroom apartment, a prime addition to your rental portfolio in the West Park neighborhood of Plymouth.
Step inside, where you'll find a cozy lounge and dining area, a well-appointed kitchen, a family-sized bathroom, and two generously proportioned double bedrooms, ensuring comfortable living.
This property offers modern amenities such as efficient gas central heating and double-glazed windows. Additionally, its breathtaking far-reaching views add to the overall allure.
Currently, the apartment is leased under an assured shorthold tenancy, generating a monthly rental income of £580, resulting in an impressive gross yield of nearly 10%. Furthermore, there exists ample potential to increase the monthly rent to approximately £700, elevating the yield to a remarkable 12%. Don't miss out on this fantastic investment opportunity.
For more information about this property, please contact
Francis Stuart Plymouth, PL4 on +44 1752 948877 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Francis Stuart Plymouth, and do not constitute property particulars. Please contact Francis Stuart Plymouth for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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