Milehouse Road, Plymouth, Devon, PL3

Your Move present to the market Milehouse Road. Two Flats over three floors with a detached double garage.
The ground floor flat is a generous two-bedroom flat and an HMO first-floor flat is a six-bedroom duplex flat.


Each flat has been split with individual leases of over 900 years.

Ground Floor Flat rental income is £775 pcm.

First Floor Flat Room 1, 2, 6 are £500 pcm
Rooms 3,4 combined are £700 pcm
Room 5 is £525 pcm

The total monthly income is £3500 making a total of £42,000 per annum. The yield on the investment 9.5%

Garages are currently used by the landlord however could be rented out separately to tradesmen, local homeowners or the public especially on match days to boost the income

This substantial Victorian residence, arranged over three floors & comprises, a beautifully presented two double bedroom ground floor apartment with a private decked balcony . The First Floor Flat is a fully licenced HMO 6-bedroom duplex flat, with a communal bathroom, separate shower room & WC.

Please call the Your Move Plymouth team for further information.

EPC Grade: First Floor Flat - C
Local Authority: City Of Plymouth
Conservation Area: No
Council Tax Band: Band B
Flood Risk: Rivers & Seas Very Low
Surface Water Very Low
Year Built 1950-1966

GFF & FFF 999 years from 16.09.2011

Licence expiry date: 08/03/2027
The licence holder for this HMO is: Mr Tim Mellor
PLEASE NOTE THIS LICENCE IS NOT TRANSFERABLE TO A NEW OWNER.
THE LICENCE HOLDER NAMED ABOVE REMAINS RESPONSIBLE UNDER THE
TERMS OF THIS LICENCE UNTIL SUCH TIME AS THE LICENCE EXPIRES OR
IS REVOKED BY THE LOCAL AUTHORITY.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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