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SOLD STC

Mount Gould, Plymouth

PROPERTY TYPE

Terraced

BEDROOMS

8

BATHROOMS

8

SIZE

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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

  • MID TERRACED PROPERTY
  • SPLIT INTO EIGHT FLATS
  • MOUNT GOULD LOCATION
  • ROOF TERRACE
  • IN NEED OF WORK
  • VACANT POSSESSION
  • GREAT INVESTMENT
  • POTENTIAL INCOME OF £57,000 PA
  • NO CHAIN
  • CALL US NOW!

Description

SUMMARY This spacious and well-located property presents an exceptional opportunity for investors, featuring eight individual studio flats, each offering strong rental potential. With a projected rental income of over £67,200 per annum. 

LOCATION Mount Gould, Plymouth is a well-established and sought-after residential area offering a mix of tranquillity and convenience. Located just a short distance from Plymouth City Centre, Mount Gould is known for its community atmosphere, making it an appealing choice for families, professionals, and first-time buyers. 

DESCRIPTION This spacious and well-located property presents an exceptional opportunity for investors, featuring eight individual studio flats, each offering strong rental potential. With a projected rental income of over £67,200 per annum, this property stands out as a fantastic addition to any investor's portfolio, offering income generation and long-term financial returns.

Each studio flat is designed for independent living, making the property attractive to a wide range of tenants, from students and young professionals to those seeking affordable, convenient accommodation. Located in a high-demand area, the property enjoys excellent access to local amenities, public transport, and the city centre, ensuring its appeal to tenants.

The property is in need of refurbishment, offering the opportunity to enhance the flats through modernization and upgrades. This presents a perfect chance to increase the property's rental yield and capital value. Once renovated, the flats could offer a modern, comfortable living environment that would appeal to an even broader range of tenants, driving rental demand and occupancy.

Whether you're a seasoned investor or looking to embark on a new project, this property promises high returns, room for capital growth, and the potential to create a fully modernized portfolio asset. With rental demand for studio flats consistently strong, this is a unique chance to step into a profitable venture with long-term rewards.

Don't miss out on this incredible investment opportunity-contact us today to book a viewing and discover the full potential this property has to offer! 

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

NOTE 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 Move With Us conveyancing. It is your decision whether you choose to deal with Move with Us. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral. 

EPC The EPCs for the flats are as follows:
Flat 1 - D, Flat 2 - C, Flat 3 - E, Flat 4 - E, Flat 5 - B, Flat 6 - D, Flat 7 - E, Flat 8 - E 

COUNCIL TAX The council tax bands for the flats are as follows:
Flat 1 - A, Flat 2 - A, Flat 3 - A, Flat 4 - A, Flat 5 - A, Flat 6 - A, Flat 7 - A, Flat 8 - A 
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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Mount Gould, Plymouth

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About Martin & Co, Plymouth

27 Mutley Plain, Mutley, Plymouth, PL4 6JG
About us 

We are an established estate agent and letting agent based in Plymouth. We specialise in sales, lettings and property management and take pride in delivering an exceptional service to sellers, buyers, landlords and investors alike

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof. Our company has always been at the forefront of property marketing technology, but our biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients. Conveniently located on Mutley Plain, as one of the leading estate agents in Plymouth, we recognise that our customers share our passion for property.

Directors at the branch are husband and wife team Chris and Merolyn Whitaker. Chris, a former British Army Officer brings 21 years of management experience to the role, with Merolyn, bringing first-hand knowledge of the area having grown-up locally.

We're experienced and qualified letting agents in Plymouth - as members of the Association of Residential Letting Agents (ARLA) we have Client Money Protection insurance in place to ensure your money is safe. In addition we are members of The Property Ombudsman and abide by the Trading Standards Approved Code.

We offer a wide range of properties for sale and to rent not only in Plymouth but also in the surrounding areas of Torpoint, Saltash, Callington, North Plymouth '" Crownhill, Derriford and Woolwell and to the west and south in Plympton, Plymstock, Ivybridge and the South Hams.

Your mortgage

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Monthly repayments
£887
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Disclaimer - Property reference 101449008907. 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. 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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