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Alexandra Road, Mutley, Plymouth

PROPERTY TYPE

End of Terrace

BEDROOMS

8

BATHROOMS

3

SIZE

Ask agent

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • HMO
  • ANNUAL INCOME OF £54,080
  • WELL PRESENTED THROUGHOUT
  • NEW BOILERNEW FUSE BOX
  • NEW GRADE 1 FIRE ALARM
  • COMMUNAL LOUNGE & KITCHEN
  • 2 BATHROOMS
  • DOWNSTAIRS WC
  • KITCHEN & LAUNDRETTE AREA
  • REAR GARDEN

Description

This 8-bedroom end-of-terrace property in Mutley Plain, Plymouth, represents an outstanding investment opportunity, especially for those seeking a steady and substantial income stream. With a fully-let status and an impressive annual rental income of £54,080, this property promises excellent returns.

Prime Location
Mutley Plain is a vibrant and popular area known for its high demand for rental properties, particularly HMOs. The property's strategic location within walking distance to Mutley Plain High Street ensures high tenant occupancy rates. The area is bustling with local amenities, including shops, restaurants, takeaways, and cafes, providing convenience for residents. The well-connected bus routes also make commuting around Plymouth effortless, adding to the appeal for tenants, particularly students and young professionals.

Property Features
Bedrooms: The property features 8 generously sized double bedrooms, offering ample living space for each tenant. The spacious layout ensures a comfortable living experience, which is crucial for tenant satisfaction and retention.

Bathrooms: Spread across three floors, the property has a bathroom on each level, which minimizes wait times and enhances convenience for tenants, making it suitable for shared living.

Communal Areas: The property includes a communal lounge, ideal for socializing, and a well-equipped kitchen that serves as a hub for daily activities. Additionally, the top floor houses a separate kitchen and a dedicated laundrette area, catering to the needs of multiple tenants without overcrowding the main communal space.

Outdoor Space: The front and rear level-access gardens are rare and valuable features in a city setting. These outdoor areas provide tenants with a space to relax, socialize, or even engage in gardening, enhancing the overall living experience.

Brochures

Alexandra Road, Mutley, PlymouthBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Permit
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Level access

Alexandra Road, Mutley, Plymouth

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About RE/MAX Property Hub, Devon

Newton Abbot

What started as humble beginnings in Denver, Colorado, in 1973 as "a pad of paper and a dream" is now a global estate agency network that spreads across over 110 countries on six continents with more than 45 years of outstanding agents and outstanding results. The revolutionary RE/MAX Concept of enabling property professionals to maximise their business potential has evolved into an organisation of more than 135,000 Sales Associates operating in more than 8,000 offices worldwide. The global network of franchisee-owned and operated offices are run with the world's most productive real estate associates. Through their efforts, they've made it possible to say that nobody in the world sells more real estate than RE/MAX. We've adopted RE/MAX's innovative approach in England and Wales and we're ready to showcase what separates RE/MAX from the competition. * (Please note RE/MAX England & Wales does not represent London and please go to RE/MAX London pages)

Whether you are looking to buy or let your next home or sell your current property, your local RE/MAX Property Hub will ensure you enjoy the world class experience every client receives from our dedicated and professional team of property experts. Your journey will be a pleasure as each of our Real Estate Associates manage the complete process for their clients, ensuring clear and regular communication with you and the enthusiastic progressing of your sale or purchase to a successful conclusion. Our position as the Number 1 real estate brand in the world is further enhanced by the unique and comprehensive package of services that are available to all our clients: with over 130,000 sales associates in over 120 countries across the globe, no-one sells more real estate than RE/MAX.

We don't simply want a customer, we want a client for life and our passion and commitment to get the best for our clients is testament to this intention.

Your mortgage

Per year
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Years
%
Monthly repayments
£1,961
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Disclaimer - Property reference 33335035. 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 RE/MAX Property Hub, Devon. 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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