5 bed terraced house for sale

Hillside Avenue, Mutley PL4

***High-yielding student investment generating £32,256 p.a. With tenants in situ until July 2027, featuring five double bedrooms, period charm, and modern living space chain-free.***

Summary ***High-yielding student investment generating £32,256 p.a. With tenants in situ until July 2027, featuring five double bedrooms, period charm, and modern living space chain-free.***

Hillside Avenue, Mutley is a vibrant, predominantly late-Victorian residential street located in Plymouth, UK. Positioned near Mutley Plain and about a mile from the city centre, it offers excellent walkability and transport links. The housing features classic period terraced properties, many of which have been converted into flats or shared accommodation catering to professionals and students. Overall, it is a diverse, bustling neighbourhood favoured by first-time buyers, families, and investors due to its close proximity to local amenities, schools, and the University of Plymouth.

Description Positioned in a highly sought-after and convenient location, this impressive period terraced property presents a fantastic, ready-made investment opportunity for discerning landlords looking to expand or establish their portfolio with a high-yielding, fully tenanted HMO asset. Currently generating a robust gross annual income of £32,256, the property boasts peace of mind for the incoming purchaser with reliable student occupants secured through to July 2027. Throughout the home, the accommodation is presented in good condition, successfully preserving a wealth of period charm while incorporating contemporary fixtures and fittings.
Upon arrival, the property is entered via the main front door into an inviting entrance vestibule showcasing striking original-style floor tiling that sets the tone for the character found within. This threshold opens through into the central entrance hallway, which gracefully connects the ground floor living spaces and provides access to the staircase leading to the upper level, as well as providing access down to the lower ground floor.
The property further benefits from a fantastic full-height basement level, which is currently utilised as a practical utility space, offering excellent additional functionality for a busy household.
To the front of the home sits the generous communal lounge, a welcoming social space benefiting from a large bay window that floods the room with natural light, alongside an attractive feature fireplace that serves as a delightful focal point. Toward the rear of the ground floor is the first of the double bedrooms, a well-proportioned room that enjoys lovely views over the rear garden and features its own characterful fireplace.
Positioned at the very rear of the property is the contemporary kitchen and breakfast room. This modern culinary space has been thoughtfully designed to offer plenty of storage and workspace, ample room for a dining table and chairs, and a charming rear bay window that frames pleasant views out to the garden.
Ascending the stairs to the first-floor landing, the property continues to impress with a generous layout designed for modern sharers. Upstairs comprises four further excellent-sized double bedrooms, all presented to a high standard. To service these rooms, the property features a sleek and modern shower room, alongside an additional well-appointed bathroom complete with a convenient separate WC.
Externally, the property benefits from a private rear garden space, offering an ideal outdoor retreat for the occupants. Offered to the market on a chain-free basis, this versatile and very well-presented property represents a turnkey investment requiring minimal effort from day one. Early internal viewing is highly recommended to fully appreciate the scale, income potential, and quality of accommodation on offer.

Viewings Interested applicants should call Martin & Co (Plymouth) today on in order to arrange their viewing appointment.

Notice to applicants We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Simply conveyancing. It is your decision whether you choose to deal with Simply Conveyancing. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.