Shared accommodation for sale in Albert Road, Plymouth, Devon PL2

£300,000
Interested in this property? Call +44 1752 948877 * or Request Details

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Shared accommodation for sale - 5 bedrooms

5 3 1 EPC Rating: D EPC Rating: D

Tenure:
Freehold
Council tax band:
Not available

Utilities and more details

Property features

  • Excellent investment opportunity
  • Large detached double garage
  • UPVC double glazing
  • Gas central heating
  • Easy access to Devonport Dockyard, Stoke Village and bus/train routes
  • 4 letting room house plus studio flat
  • Producing a gross income of £30,000 per annum
  • Fully let to working professionals
  • Wheelchair accessible

Property description

A well presented, fully let property generating a gross annual income of £30,000, comprising a 4-bedroom letting house and a self-contained studio flat. This property also includes a large detached double garage with excellent potential for development, subject to the necessary planning permissions. Fully tenanted with working professional contractors, this is an ideal turn-key investment.

On the ground floor, the property features an open-plan kitchen and communal area. This space is fitted with stylish grey base units and granite-effect worktops, a stainless steel sink with a mixer tap, an integrated oven, and a 4-ring electric hob with an extractor. There is also space for two fridge-freezers. Double-glazed windows and French doors open onto the rear courtyard, creating a bright and inviting space.

The studio flat includes a bed/sitting room with a panel radiator, a kitchenette fitted with a stainless steel sink, integrated fridge, and heated towel rail, and a fitted shower room with a glazed shower cubicle, electric shower, pedestal basin, WC, and heated towel rail.

On the first floor, the property comprises two spacious letting rooms. There is a laundry room/kitchen equipped with modern grey units, plumbing for a washing machine, and a wall-mounted gas boiler. Two newly fitted shower rooms are also located on this floor, both featuring modern white suites with tiled shower cubicles, pedestal basins, and WCs.

The second floor offers two additional letting rooms, both providing ample space and natural light.

Outside, the property features an enclosed rear courtyard accessible from both the communal area and the studio flat. A large detached garage or store room is located at the rear, equipped with an independent power supply, lighting, and double doors. This space is ideal for conversion or further development, subject to planning permissions.

All main utilities are connected to the property. Fully tenanted and generating significant rental income, this property offers a rare combination of immediate returns and development potential.

Property info

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For more information about this property, please contact
Francis Stuart Plymouth, PL4 on +44 1752 948877 * (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 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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