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Get brand editions for Pilkington Estates, Stoke

Stoke, Plymouth, Devon, PL1

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

4

SIZE

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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

Floorplan 1Floorplan 2
3

Key features

  • Freehold Investment
  • Three Apartments
  • £28,000+ Income Potential
  • Two Separate Titles
  • Parking Potential (STPP)
  • Prime Plymouth Location

Description

Substantial Freehold Residential Investment Opportunity – Potential Gross Income Circa £28,000 Per Annum

An excellent opportunity to acquire a substantial freehold residential investment comprising three self-contained apartments in a highly desirable and well-established residential location.

The property is arranged as three individual units and is offered with the benefit of the freehold interest. The building is currently held across two separate titles, providing potential flexibility for future asset management or disposal strategies.

The lower ground floor apartment benefits from its own private entrance and access to an attractive rear garden. Subject to the necessary consents, there is potential to reconfigure this outdoor space to create off-street parking, in line with neighbouring properties, which may further enhance rental demand and income potential.

The accommodation is currently configured as:
  • Lower Ground Floor: Self-contained apartment with private access.
  • First Floor: Self-contained studio apartment.
  • Upper Floors: Spacious two-bedroom maisonette arranged over two levels.

The property occupies a prime position within easy walking distance of Victoria Park and offers convenient access to Plymouth City Centre, Plymouth University, and a range of local amenities, ensuring continued appeal to professional tenants and the wider rental market.

The building has historically attracted long-term professional occupiers. All current tenants have been served notice, and the property is expected to be sold with vacant possession, allowing an incoming purchaser the flexibility to set market rents, undertake improvements, or implement their preferred investment strategy.

Based on current market conditions, the property offers a potential gross annual rental income of approximately £28,000, with scope for further enhancement through active management and the potential creation of off-street parking.

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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Enclosed garden
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

Stoke, Plymouth, Devon, PL1

Approximate location
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Affordability

Monthly repayments£1,505
Property: £ 300,000
Deposit: £ 30,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Pilkington Estates, Stoke

Harscombe House 1Darklake View, Plymouth, PL6 7TL

Buying and selling property is both an art and a science. In the 21st century, the world of estate agency has blossomed in the digital environment, leaving many traditional firms left standing, eyeing the technology with confusion and suspicion rather than embracing it. The team at Pilkington Estates are digital natives, embracing everything the modern world has to offer to help present your home in the best possible light, and using technology to get the right message to the right buyer at the right time.

This contemporary, no nonsense approach is balanced by a sensitivity and empathy towards their customers, both buyers and sellers, that allows us to offer a truly one to one bespoke service.

We understand that every customer is different, and each client has different needs and requirements, so will customise any modern method of selling to suit individual requirements.

Whether you are an old hand with multiple sales under your belt, or whether you are selling a much loved family home for the first time, Pilkington Estates are careful to hand hold you through the process as much or as little as you need.

We can help keep your house hunting enthusiasm burning with intelligent recommendations or can take the strain of the entire relocation process by doing all the running around that you are too busy to do.

We sit comfortably in this fast-paced world, understanding your need for urgency. We bring an energy and confidence to the whole buying and selling process that will get the job done without the drama.

This is not an agency that likes to sit around waiting for the phone to ring!

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Disclaimer - Property reference PLK_STH_LFSYCL_1072_1234526203. 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 Pilkington Estates, Stoke. 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.

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