Sea View Avenue, Plymouth
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
3
- SIZE
1,324 sq ft
123 sq m
- TENUREDescribes 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
- 10% Gross Yeild
- Generating £30k Gross Per Year
- 3 Bathrooms
- Close to City Centre
- Fully Let
- Great Condition
Description
Situated in the desirable and sought-after area of Lipson, this spacious period terraced property presents an outstanding investment opportunity. Offering a potential annual income of £30,000 and a gross yield of 10%, this is an ideal addition to any investor's portfolio.
The property has been lovingly maintained by its current owners, who have taken care to restore and retain a wealth of original features. The ground floor boasts a bright and welcoming living room, filled with natural light from its stunning large bay windows and tastefully decorated to create a stylish yet comfortable space, perfect for socialising or relaxing. Adjacent to this is a separate dining room and a generously proportioned kitchen/breakfast room, which has been modernised to meet contemporary standards. Also on this level is a convenient shower room.
Upstairs, the house continues to impress with three spacious and airy double bedrooms, all rich in character and charm. The master bedroom benefits from its own ensuite bathroom, in addition to a separate, well-appointed family bathroom also located on this floor.
To the rear of the property is a sizeable courtyard with access to a rear service lane, providing both practicality and outdoor space.
Having operated as a licensed HMO since around 2015, the property is currently configured to accommodate up to six individuals, with the reception rooms converted for use as additional bedrooms. The licence permits five single occupancies and one double, making full use of the available space to maximise rental income.
This is a fantastic opportunity to acquire a high-yielding, ready-to-go investment property in a popular location with strong tenant demand.
Brochures
Sea View Avenue, 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.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Sea View Avenue, Plymouth
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 33838022. 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 Copp Estates, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.