Lisson Grove, Mutley, Plymouth

SUMMARY ***SUPERB INVESTMENT OPPORTUNITY IN MUTLEY, PLYMOUTH***
This generously proportioned, six-double-bedroom property is arranged over three floors and is a proven income generator, making it an ideal addition to any investment portfolio. 

LOCATION Located in a prime residential area, the property benefits from the vibrant amenities of Mutley Plain, including a diverse range of shops, eateries, and excellent transport links. Its close proximity to Plymouth University and the city centre makes it an attractive choice for tenants, ensuring consistent rental demand. 

DESCRIPTION The property is currently almost fully let, with a total annual income of £32,400, and with just one vacant room being advertised, the potential for a full income stream is imminent. The property would, however, benefit from some improvements in places, offering an excellent chance for a new owner to add value and further enhance its rental appeal.

Upon entering, you are greeted by a well-maintained interior that offers both communal and private spaces. The sitting room is situated at the front of the property, featuring a charming bay window that overlooks the sizeable front garden, providing a bright and inviting communal area for residents. To the rear of the ground floor, a modern fitted kitchen/breakfast room offers a functional space for cooking and socialising, complemented by a convenient shower room.

The accommodation is thoughtfully laid out across three floors, providing six spacious double bedrooms that are in high demand in this popular student and professional area. The property also benefits from a dedicated boiler room/utility area, adding to its practicality. A further bathroom with a separate WC is also provided, ensuring adequate facilities for the tenants.

This property is a fantastic opportunity for an investor seeking a high-yielding asset in a desirable and established rental market, with the added potential to increase its value through strategic improvements. 

VIEWINGS Interested applicants should call Martin & Co (Plymouth) 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 Simply Conveyancing. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.