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SOLD STC

Wolsdon Street, Plymouth, PL1 5EH

PROPERTY TYPE

Block of Apartments

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

Description

 

We are delighted to present 28 Wolsdon Street, Stonehouse, Plymouth a fully let multi-unit block of four self-contained one-bedroom flats, offering a ready-made investment with income from day one, along with scope to refresh and refurbish over time.

The property is fully occupied and currently generates:

Asking Price: £240,000
Monthly Rental Income: £2,080
Annual Rental Income: £24,960
Gross Yield: 10.4%
EPC Ratings: C, C, C & D
EICRs: Completed in 2025
Gas Safety Certificates: Valid until May 2027

Gas & Electric Separate metered for each flat
Water: Billed separately, as advised by the landlord.

Situated in the popular Stonehouse area of Plymouth, the property is well positioned for Plymouth City Centre, Royal William Yard, Devonport Dockyard and excellent transport links, supporting strong and consistent tenant demand.

The internal condition is standard throughout, with the floorplan attached for reference.

The rear tenement appears to be of single-skin construction, which may make it better suited to cash buyers looking for a quicker purchase, with the potential to explore refinancing further down the line, subject to individual lender criteria.

I'd be delighted to arrange a viewing or answer any questions you may have.

 

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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.
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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

Wolsdon Street, Plymouth, PL1 5EH

Approximate location

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Affordability

Monthly repayments£1,204
Property: £ 240,000
Deposit: £ 24,000
Interest rate: 5.33%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Francis Stuart, Plymouth

40 Mannamead Road Mutley Plymouth PL4 7AF

Francis Stuart - Lettings, Investment & HMO Property Specialists in Plymouth

At Francis Stuart, we deliver a full range of expert services for landlords, investors, and tenants-tailored to make every stage of the property journey straightforward and stress-free.

For Landlords, we offer a complete residential lettings service alongside specialist HMO support through our dedicated HMO Property Team. We handle everything from compliance to management, giving you peace of mind and freeing up your time.

For Investors, we provide a hands-free service that covers sourcing, refurbishment, and full property management. And when the time comes to sell, we offer a trusted exit strategy, marketing your property to our active network of investors and landlords to help you realise the best return on your investment.

For Tenants, we offer quality homes in desirable locations, backed by a responsive, professional team committed to great service.

Whether you're letting, investing, selling or renting, Francis Stuart is your local partner in Plymouth property.

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Disclaimer - Property reference S1788419. 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 Francis Stuart, Plymouth. 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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