5 bedroom terraced house for sale

South View Terrace, St Judes

£199,950

Property Description

Key features

  • Licensed HMO Property
  • Generating a 10.62% return
  • FULLY LET
  • Modernised Throughout in 2013
  • Overlooking Tothill Park
  • Professional Let
  • Arranged Over Three Levels
  • 5 x Double Bedrooms
  • Close to Plymouth University
  • Available As Going Concern

Full description

Tenure: Freehold

SUMMARY PROVEN INVESTMENT RETURNS - Opportunity to purchase a well-appointed and high quality registered HMO property in the St Judes area of Plymouth in close proximity to Plymouth University and Plymouth City Centre. The property generated returns of c. £21,240 and a 10.62% return. Comprising 5 x double bedrooms, the property would make an extremely attractive professional let. 

DETAIL South View Terrace is located on the western side of St Judes within easy walking distance of the city centre and Plymouth University. The property is located in an elevated mid-terrace position benefiting from views directly onto well-regarded Tothill Park. The park is considered one of Plymouth's most peaceful and leafy green areas and is popular as a leisure destination.

The property is set back and elevated from the road and benefits from a mature terraced garden area and set of steps leading to the front door. The property is also just outside of the permit zone ensuring that parking is readily available at nil cost.

The property was completely renovated to a high standard in 2013 and briefly comprises open-plan kitchen/lounge / dining area, 2 x bathrooms, utility area and 5 x double bedrooms. Each of these bedrooms is fully furnished with cream carpet, double wardrobe, desk, chair, chest of drawers, bedside table and double bed. Two of these bedrooms benefit from large south-facing bay windows overlooking the park. The bedroom on the top floor occupies the attic space and is of significant size with substantial under-eaves storage and separate walk-in wardrobe area. 

GROUND FLOOR  

KITCHEN/BREAKFAST ROOM 17' 0" x 6' 6" (5.20m x 2.00m) The kitchen has been reconfigured to provide significant work space, storage and boasts a central breakfast bar. It has been opened to the dining room to provide a large communal and social space. Solid wood cabinets are arranged on four sides with granite-effect work surfaces. There is a modern 5-ring range hob and oven with chrome hood-over. There are a range of integrated appliances fitted including under counter fridge and freezers, dishwasher, modern stainless steel sink and drainer. The room is decorated in brilliant white with limestone effect tiling and there are a set of sliding patio doors which lead to the paved courtyard and utility area to the rear. 

SITTING ROOM / DINER 9' 4" x 5' 10" (2.85m x 1.80m) This area has been carpeted and made to feel welcoming with the addition of large corner sofa, coffee table and wall-mounted flat screen television. The room is linked and open to the kitchen allowing tenants to converse and socialise together. 

UTILITY ROOM & STORAGE SHED One of the outbuildings in the rear courtyard has been converted to house washing machine and drier. A further large secure storage shed is also located adjacent, providing ample space for the storage of bikes and other larger items. 

BEDROOM 1 12' 3" x 14' 7" (3.75m x 4.45m) A large double bedroom is located in what would have originally served as the main reception room. The room benefits from numerous period features including fire surround and ceiling rose. There is a large south-facing bay-window which overlooks leafy Tothill Park which is situated just across the road. 

FIRST FLOOR  

BEDROOM 2 11' 1" x 14' 3" (3.40m x 4.35m)  

BEDROOM 3 11' 1" x 12' 9" (3.40m x 3.90m)  

BEDROOM 4 5' 10" x 9' 0" (1.80m x 2.75m)  

BATHROOM Comprising bath with both mixer shower and electric shower with railhead over, glass screen, basin with vanity unit under, WC and heated towel rail. Room is decorated in white with tiled flooring. 

SHOWER ROOM 11' 1" x 4' 1" (3.40m x 1.25m) Comprising upright shower cubicle, basin and WC. Laid to vinyl flooring with extractor fan. 

SECOND FLOOR  

ATTIC BEDROOM 5 17' 0" x 17' 10" (5.20m x 5.45m) Large double attic room with walk-in wardrobe area and velux windows. 

INVESTORS This licensed HMO property represents a real opportunity for a landlord looking for high quality property with proven investment returns. In 2015-16 we understand that the property generated an income of c. £17,000 with potential for upside. Investors will be drawn to the quality of the property and the standard to which it has been maintained, ensuring that this represents a true turn-key investment. This property would make a reliable professional let. 

VIEWINGS Interested applicants should contact Martin & Co (Plymouth) today on 01752 255 255 in order to arrange their viewing appointment. 

NOTE TO PURCHASERS 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. 


Listing History

Added on Rightmove:
28 November 2016

Nearest stations

  • Plymouth (1.0 mi)
  • Devonport (2.1 mi)
  • Dockyard (2.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Martin & Co, Plymouth - Lettings & Sales

27 Mutley Plain, Mutley, Plymouth, PL4 6JG

01752 966027 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Martin & Co, Plymouth - Lettings & Sales

27 Mutley Plain, Mutley, Plymouth, PL4 6JG

01752 966027 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Plymouth (1.0 mi)
  • Devonport (2.1 mi)
  • Dockyard (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Martin & Co, Plymouth - Lettings & Sales

27 Mutley Plain, Mutley, Plymouth, PL4 6JG

01752 966027 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 101449000727. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Plymouth - Lettings & Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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