Apsley Road, Mutley

SUMMARY ***A PREMIER INVESTMENT: SUBSTANTIAL 15 BEDROOM PERIOD PROPERTY WITH LUCRATIVE INCOME***
Located in a sought-after area, this immaculately presented residence is currently configured and operating as a fully-let House in Multiple Occupation (HMO), representing a high-yield, turnkey asset for any discerning investor seeking a lucrative addition to their portfolio. 

LOCATION Situated in a prime and highly sought-after area of Plymouth, Mutley is a vibrant and bustling neighbourhood that offers an unparalleled level of convenience and connectivity. Popular with a diverse range of residents, from young professionals and students to families, the area boasts a lively atmosphere and a strong sense of community.

Mutley's strategic location is one of its greatest assets. It is just a short walk from the city centre, Plymouth University, and the main train station, making it an ideal choice for those who value easy access to amenities, education, and transport links. The high street is home to an eclectic mix of independent shops, cafes, restaurants, and bars, providing an array of options for dining, socialising, and daily errands.

The residential landscape is primarily characterised by impressive period properties, including large terraced houses and converted apartments, many of which retain original features. The area's high demand makes it a superb prospect for investors, particularly those interested in the student and professional rental markets.

With its excellent amenities, strong rental yield potential, and superb connectivity, Mutley is a top choice for those looking for a lively and convenient place to live or a robust addition to their property portfolio. 

DESCRIPTION The property has been meticulously arranged over several floors to maximise both space and comfort, offering fifteen individual bedrooms. Each room has been thoughtfully designed and comes with its own modern shower room, providing residents with complete independence and privacy. The communal living spaces are equally impressive, featuring a spacious kitchen dining room on the ground floor, which serves as a central hub for social interaction. On the first floor, a generously sized communal sitting room offers a comfortable retreat for all residents.

Underpinning this well-maintained property is a suite of modern amenities designed for efficiency and convenience. It benefits from a full gas central heating system, ensuring warmth throughout the year, with a dedicated boiler room for easy maintenance. A significant value-add is the presence of roof-mounted solar panels, which contribute to the property's overall energy efficiency and help to reduce running costs.

Externally, the property benefits from a private and low-maintenance courtyard garden, providing a valuable outdoor space for residents. Additionally, a dedicated hardstand offers convenient off-road parking.

This is a prime investment opportunity, offered to the market chain-free for a smooth and swift transaction. The property is currently fully let, generating a substantial annual income of £92,580 (excluding bills), which translates to a highly attractive yield. The robust tenancy and hassle-free management make this a compelling proposition.

Early and serious inquiries are highly recommended to fully appreciate the quality, scale, and financial potential of this exceptional investment. 

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.