Bishops Place, West Hoe

SUMMARY Presenting a truly unique and immaculately renovated terraced property, located in a highly sought-after area. This versatile home offers a fantastic opportunity for a discerning buyer, whether you're looking for a high-yield investment or a chance to reconfigure it into a spacious family residence. 

LOCATION The Hoe, a beloved landmark in Plymouth, England, is a picturesque coastal park offering stunning views of Plymouth Sound. Enjoy panoramic vistas of the harbour, Drake's Island, and the Cornish coastline. Steeped in history, the Hoe is famous for the legend of Sir Francis Drake playing bowls while awaiting the Spanish Armada Relax on the grassy slopes, stroll along the waterfront promenade, or enjoy a picnic with family and friends. Admire Smeaton's Tower, a historic lighthouse, and the Plymouth Naval Memorial. The Hoe hosts various events throughout the year, from concerts and festivals to firework displays 

DESCRIPTION This property is currently configured as a high-end, multi-occupancy rental, generating a robust annual income of £36,500. It has a proven track record of profitability and demonstrates strong rental demand with consistent occupancy. This makes it a perfect addition to any buy-to-let portfolio, offering a powerful return on investment from day one. Best of all, it can be sold chain-free, ensuring a swift and seamless transaction.

Arranged over four floors, the property has undergone a comprehensive, recent renovation to create a contemporary and inviting living environment. Each of the six bedrooms has been thoughtfully designed with a modern en-suite bathroom, providing maximum privacy and comfort for residents. The attention to detail is evident throughout, from the stylish fixtures to the tasteful décor. Additionally, a large communal bathroom, complete with a roll-top bath and separate shower cubicle, offers an extra touch of luxury.

The heart of the home is a fully-equipped communal kitchen, featuring generous storage and white goods. This space is perfect for social interaction and has plenty of room for a large dining table. A set of stairs leads up to a relaxing lounge area, a comfortable space for residents to unwind. The lounge also boasts double doors that open onto a unique balcony, where you can sit with a coffee and take in breathtaking city, water, and countryside views.

While this property is a proven cash cow, it also offers incredible potential for conversion back to a magnificent family home. The generous proportions and flexible layout provide the ideal canvas to create a bespoke, high-end residence tailored to your lifestyle. The possibility of having multiple reception rooms, large bedrooms, and a stunning master suite with views makes this an exciting prospect for a long-term family home.

 

VIEWINGS Interested applicants should contact Martin & Co today on in order to arrange their viewing appointment. 

NOTICE 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 Simply 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