5 bedroom semi-detached house for sale

Pearson Road, Mutley

Sold STC £200,000

Property Description

Key features

  • FULLY LET!!
  • 5 Bedroom Student Property
  • 9.71% Gross Return
  • 2 x Bathrooms
  • Rear Garden
  • Fully Furnished
  • Prime Location
  • Close to Plymouth University
  • Recently Redecorated
  • True Turn-key Investment

Full description

Tenure: Freehold

SUMMARY PRE-LET INVESTMENT OPPORTUNITY YIELDING 9.71% GROSS - Pre-let from September 2017 with an annual gross income of £19,410, this property is a true hands-off turn-key investment. Recently redecorated, the property is tenanted from 1 Sep 17 to a group of students. The property comprises 5 x good-sized bedrooms and a large communal living and kitchen area. It is situated just off Mutley Plain and within close proximity to Plymouth University. 

DETAIL A number of steps lead up to the front door - this door opens in to a hallway and the ground floor on which sits two letting rooms and a bathroom. The first letting room is positioned to the front of the house - it benefits from a large double-glazed bay window affording the room a large amount of light. The floor is laid to laminate and neutrally decorated - the room comprises double bed/desk and wardrobe. The second letting room is situated to the rear of the property overlooking the garden. The floor is also laid to laminate with convenient built-in shelving to one wall and this room is also equipped with a bed and desk. One of the two bathrooms is positioned on this floor adjacent to the second bedroom. The bathroom comprises sink, shower cubicle and WC - the floor is laid to tile-effect vinyl and there is a frosted double glazed window to the rear aspect.

A staircase rises to the first floor - here can be found a further three letting rooms and the second bathroom. To the front of the property are two bedrooms - one double and one single and both are laid to wood laminate flooring and fully furnished. To the rear of the property is the fifth and final letting room - also with laminate flooring, neutral decor and a double glazed window to the rear. This room is also fully furnished. A bathroom sits on this floor - it comprises panelled bath with shower, WC, hand basin and the floor is laid to tile-effect vinyl.

On the lower ground floor is positioned the communal living space which consists of an open-plan living room and kitchen. The living room is of ample proportions and is furnished with 3 x 2 seater sofas and coffee table. A breakfast bar divides the space and leads in to the kitchen. The kitchen floor is laid to laminate and there are a wide range of wood-effect wall and base units with roll-edge formica worktops. There is an integrated oven with electric hob and extractor over which is barely a year old and in one corner sits a large freestanding fridge and freezer also. The room is lit by ceiling spotlights. A rear door leads out on to the garden. 

BEDROOM 1 11' 1" x 17' 10" (3.38m x 5.44m)  

BEDROOM 2 9' 4" x 11' 3" (2.86m x 3.43m)  

BATHROOM 7' 8" x 7' 4" (2.36m x 2.25m)  

BEDROOM 3 9' 8" x 11' 10" (2.95m x 3.63m)  

BEDROOM 4 14' 2" x 8' 3" (4.34m x 2.53m)  

BEDROOM 5 8' 5" x 8' 1" (2.57m x 2.48m)  

BATHROOM 2 8' 5" x 6' 9" (2.57m x 2.08m)  

LIVING ROOM/KITCHEN 27' 1" x 14' 0" (8.26m x 4.29m)  

OUTSIDE From the kitchen a door leads out on to the rear garden. A number of steps rise to a large and level space creating the perfect spot to entertain! 

VIEWINGS This property is sure to appeal to investors looking for a reliable income through to mid-2018 and potential for future long-term tenancies. It occupies a popular position in close proximity to a number of the student halls and with ready access to Plymouth University, Alexandra Road bus routes and Mutley Plain.

Interested investors should call 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:
27 September 2017

Nearest stations

  • Plymouth (0.7 mi)
  • Devonport (1.8 mi)
  • Dockyard (2.1 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 (0.7 mi)
  • Devonport (1.8 mi)
  • Dockyard (2.1 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 101449004451. 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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