Detached house for sale in Houndiscombe Road, Mutley, Plymouth PL4

£3,600,000
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Detached house for sale - 59 bedrooms

59 59 10

Tenure:
Freehold
Council tax band:
Not available

Property features

  • 59 ensuite rooms
  • Arranged over 10 apartments
  • Double glazed & central heating
  • Great Investment opportunity
  • Central location
  • EPC - C

Property description

Purpose built and centrally located is this development specifically designed for student accommodation.
Set out as 1O individual self contained apartments with a total of 59 ensuite bedrooms. Each apartment has its own kitchen communal room.
The property is fully let for 2023/2024 producing a rental income of £333,228.39. Marketing has already commenced for 2024/2025 and once fully let, will produce a rental income of £378,550.00 per year.
Additional benefits from the property also include a Eco friendly wood pellet fired boiler, which is signed up to the grid and gives financial reimbursements for using the fuel.

EPC - C

Purpose built and centrally located is this development specifically designed for student accommodation.

Set out as 1O individual self contained apartments with a total of 59 ensuite bedrooms.

Each apartment has its own kitchen communal room.

The property is fully let for 2023/2024 producing a rental income of £333,228.39.

Marketing has already commenced for 2024/2025 and once fully let, will produce a rental income of £378,550.00 per year.

Additional benefits from the property also include a Eco friendly wood pellet fired boiler, which is signed up to the grid and gives financial reimbursements for using the fuel.


EPC - C

Property info

Floorplan(s): Floorplan 1 Floorplan 2 Floorplan 3 Floorplan 4 Floorplan 5 Floorplan 6 Floorplan 7 Floorplan 8

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For more information about this property, please contact
Swift Estate Agents, PL6 on +44 1752 942173 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Swift Estate Agents, and do not constitute property particulars. Please contact Swift Estate Agents 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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