Station Road, Keyham, Plymouth, PL2
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
3
- SIZE
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- 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
- TO ARRANGE A VIEWING PLEASE QUOTE BL0650
- Excellent Investment Opportunity
- Freehold
- Two Self-Contained Flats
- Potential Rental Income £20,400 Per Annum
- Potential Yield Of 10.2%
- Popular Residential Area
- Courtyard Garden
- Potential To Convert Into A Family Home
- Council Tax Band A
Description
An excellent opportunity to acquire a vacant investment property located on Station Road in the popular residential area of Keyham. The building is divided into two self-contained apartments, offering a combined potential rental income of £20,400 per annum and an estimated yield of 10.2%, making it ideal for landlords or investors looking to expand their portfolio. The property also offers flexibility, with the option to be converted back into a spacious family home
Location - Plymouth has a vibrant city culture but is also in close proximity to some of the most beautiful countryside and coastline that Devon and Cornwall both have to offer. The city is easily accessible from the A38 with excellent transport links including National Rail Lines, Cross Channel Ferries directly from Plymouth and Exeter Airport just 50 minutes drive away. Britain's Ocean City really does live up to its branding; renowned for its marine facilities, The National Marine Aquarium, The Barbican, International Ferry Port, Dockyard and some of the finest sailing waters in the country. Other facilities include Plymouth University, The Plymouth College of Art & Design, Theatre Royal, Life Centre and the newly opened Box Museum/Gallery. The city is encompassed by areas of outstanding natural beauty & Dartmoor National Park and hosts a full range of shopping, cultural and sporting facilities.
Potential rental income breakdown -
The property is arranged as two self-contained flats:
Flat 1 – £950 pcm
Located over the ground and lower ground floors, this apartment includes three bedrooms, two shower rooms, a reception room, kitchen, and access to a private rear courtyard garden.
Flat 2 – £750 pcm
Situated on the first floor, this apartment comprises one bedroom, reception room, kitchen, and shower room. There is potential to convert Flat 2 into a two-bedroom unit, which could enhance the rental income further.
Total Annual Income: £20,400
Yield: 10.2%
Council Tax Band - Both apartments are Band A.
Services - Mains electricity, drainage and water. Gas fired central heating.
TO ARRANGE A VIEWING PLEASE QUOTE BL0650
Brochures
Brochure 1- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- 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.
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Energy performance certificate - ask agent
Station Road, Keyham, Plymouth, PL2
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Visit our security centre to find out moreDisclaimer - Property reference S1306975. 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 eXp UK, South West. 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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