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Hillside Avenue, Mutley

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

2

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

Key features

  • NO ONWARD CHAIN
  • VERSATILE LAYOUT
  • FIVE BEDROOMS
  • SPACIOUS RECEPTION ROOMS
  • KITCHEN / BREAKFAST ROOM
  • TWO BATHROOMS
  • REAR GARDEN
  • WELL PRESENTED PROPERTY
  • COUNCIL TAX BAND C
  • EPC RATING C

Description

SUMMARY ***High-yielding student investment generating £32,256 p.a. with tenants in situ until July 2027, featuring five double bedrooms, period charm, and modern living space chain-free.*** 

Hillside Avenue, Mutley is a vibrant, predominantly late-Victorian residential street located in Plymouth, UK. Positioned near Mutley Plain and about a mile from the city centre, it offers excellent walkability and transport links. The housing features classic period terraced properties, many of which have been converted into flats or shared accommodation catering to professionals and students. Overall, it is a diverse, bustling neighbourhood favoured by first-time buyers, families, and investors due to its close proximity to local amenities, schools, and the University of Plymouth. 

DESCRIPTION Positioned in a highly sought-after and convenient location, this impressive period terraced property presents a fantastic, ready-made investment opportunity for discerning landlords looking to expand or establish their portfolio with a high-yielding, fully tenanted HMO asset. Currently generating a robust gross annual income of £32,256, the property boasts peace of mind for the incoming purchaser with reliable student occupants secured through to July 2027. Throughout the home, the accommodation is presented in good condition, successfully preserving a wealth of period charm while incorporating contemporary fixtures and fittings.
Upon arrival, the property is entered via the main front door into an inviting entrance vestibule showcasing striking original-style floor tiling that sets the tone for the character found within. This threshold opens through into the central entrance hallway, which gracefully connects the ground floor living spaces and provides access to the staircase leading to the upper level, as well as providing access down to the lower ground floor.
The property further benefits from a fantastic full-height basement level, which is currently utilised as a practical utility space, offering excellent additional functionality for a busy household.
To the front of the home sits the generous communal lounge, a welcoming social space benefiting from a large bay window that floods the room with natural light, alongside an attractive feature fireplace that serves as a delightful focal point. Toward the rear of the ground floor is the first of the double bedrooms, a well-proportioned room that enjoys lovely views over the rear garden and features its own characterful fireplace.
Positioned at the very rear of the property is the contemporary kitchen and breakfast room. This modern culinary space has been thoughtfully designed to offer plenty of storage and workspace, ample room for a dining table and chairs, and a charming rear bay window that frames pleasant views out to the garden.
Ascending the stairs to the first-floor landing, the property continues to impress with a generous layout designed for modern sharers. Upstairs comprises four further excellent-sized double bedrooms, all presented to a high standard. To service these rooms, the property features a sleek and modern shower room, alongside an additional well-appointed bathroom complete with a convenient separate WC.
Externally, the property benefits from a private rear garden space, offering an ideal outdoor retreat for the occupants. Offered to the market on a chain-free basis, this versatile and very well-presented property represents a turnkey investment requiring minimal effort from day one. Early internal viewing is highly recommended to fully appreciate the scale, income potential, and quality of accommodation on offer. 

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. 
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.
Permit
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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Hillside Avenue, Mutley

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Affordability

Monthly repayments£1,544
Property: £ 325,000
Deposit: £ 32,500
Interest rate: 4.85%
Term: 30 years
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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
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About Martin & Co, Plymouth

27 Mutley Plain, Mutley, Plymouth, PL4 6JG

About us

We are an established estate agent and letting agent based in Plymouth. We specialise in sales, lettings and property management and take pride in delivering an exceptional service to sellers, buyers, landlords and investors alike

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof. Our company has always been at the forefront of property marketing technology, but our biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients. Conveniently located on Mutley Plain, as one of the leading estate agents in Plymouth, we recognise that our customers share our passion for property.

Directors at the branch are husband and wife team Chris and Merolyn Whitaker. Chris, a former British Army Officer brings 21 years of management experience to the role, with Merolyn, bringing first-hand knowledge of the area having grown-up locally.

We're experienced and qualified letting agents in Plymouth - as members of the Association of Residential Letting Agents (ARLA) we have Client Money Protection insurance in place to ensure your money is safe. In addition we are members of The Property Ombudsman and abide by the Trading Standards Approved Code.

We offer a wide range of properties for sale and to rent not only in Plymouth but also in the surrounding areas of Torpoint, Saltash, Callington, North Plymouth '" Crownhill, Derriford and Woolwell and to the west and south in Plympton, Plymstock, Ivybridge and the South Hams.

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Disclaimer - Property reference 101449010863. 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 Martin & Co, 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.

*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.