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Sea View Terrace, Plymouth, PL4

PROPERTY TYPE

End of Terrace

BEDROOMS

7

BATHROOMS

3

SIZE

1,895 sq ft

176 sq m

TENURE
Describes 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

  • Fully Licenced HMO
  • Rental income £38,000
  • 7 Bedrooms
  • Room Terrace
  • Sale by Modern Auction

Description

The property offers seven generously sized double bedrooms and is ideally positioned within easy walking distance of Plymouth University, the vibrant City Centre, and the ever-popular Mutley Plain. This highly convenient location ensures strong and consistent tenant demand, with a wide range of shops, restaurants, bars, and transport links all close by.

Arranged over three floors, the property provides spacious and well-planned accommodation throughout. The ground floor comprises two double letting rooms, along with a large communal kitchen and lounge area that serves as a social hub for residents. A convenient downstairs W.C. and a separate utility room complete the ground floor.

The first floor features three further double letting rooms, as well as two modern shower rooms, each fitted with a walk-in shower, W.C., and wash basin.

On the second floor, there are two additional double bedrooms along with a delightful roof terrace, offering residents a private outdoor space to relax and unwind.

Externally, the property benefits from a small communal courtyard, providing additional outside space for tenants. There is also convenient on-street permit parking available to the front of the property.

This substantial seven-bedroom HMO represents a rare opportunity to acquire a fully licensed investment property in a prime location, currently generating an annual income of approximately £38,000.

Internal viewings are highly recommended to fully appreciate the size and potential of this impressive property.

Please note the property would benefit from some maintenance, which is reflected in the asking price.

Some furniture belonging to tenants has been digitally removed from the photographs using AI to better demonstrate the scale and proportions of the rooms.

Tenure: Freehold
Council Tax Band: C
Local Authority: Plymouth
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Sea View Terrace, Plymouth, PL4

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About Moveli, London & Country

21 Ellis Street, London, SW1X 9AL

Having previously built a highly respected London-based high street estate agency from scratch, we know the value of having a great agent fighting your corner. We also saw first hand the problems with high street based estate agency - an emphasis on marketing over making investments to improve service, 'bad' estate agents hiding within ostensibly 'good' brands, and extortionate fees to name but a few - and how these can impact both homeowners and estate agents themselves.

Affordability

Monthly repayments£1,232
Property: £ 270,000
Deposit: £ 27,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference RX749826. 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 Moveli, London & Country. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Moveli, London & Country on 020 3906 1015.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*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.

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