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Queens Road, Lipson, Plymouth

PROPERTY TYPE

Detached

BEDROOMS

13

BATHROOMS

5

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

  • Wonderful Investment Opportunity
  • Fully Let
  • Producing Circa £85,800
  • Three Flats (x2 5 Beds & x1 3Bed)
  • 11.8% Yield
  • Exclusive Tree Lined Street
  • Garage
  • Plenty Of Driveway Parking
  • Walking Distance To City Centre/Mutley
  • EPC Ratings D D D

Description

THREE SELF CONTAINED FLATS (x5 Bed/x5Bed/x3 Bed) - FULLY LET - GENERATING CIRCA £86,000 - Nestled in the desirable area of Queens Road, Lipson, Plymouth, this impressive detached house presents a remarkable investment opportunity. With a generous layout featuring three large flats, and an impressive thirteen bedrooms, this property is fully let and currently generates an annual income of approximately £86,000.

The house boasts five well-appointed bathrooms, ensuring ample facilities for residents and guests alike. The exclusive tree-lined street adds to the charm of the location, providing a serene environment while remaining conveniently close to local amenities and transport links.

For those with vehicles, the property offers parking for up to four vehicles, along with the added benefit of a garage. This combination of space, functionality, and location makes it an attractive prospect for investors seeking a reliable income stream in a vibrant area of Plymouth.

Whether you are looking to expand your property portfolio or seeking a substantial residence, this property stands out as a prime opportunity in the market.

Brochures

Queens Road, Lipson, PlymouthBrochure
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: E
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.
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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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Queens Road, Lipson, Plymouth

Approximate location

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Affordability

Monthly repayments£3,644
Property: £ 725,000
Deposit: £ 72,500
Interest rate: 5.35%
Term: 30 years
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Extension potential
Recently sold & under offer
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About Clever, Plymouth

2 Queen Anne Terrace, Plymouth, PL4 8EG

With 127 years of industry experience, and as an ARLA Propertymark Registered company, Clever is perfectly positioned to deal with every aspect of estate agency! Whether you are looking to buy, sell, or rent in this amazing city, then our no-nonsense, straightforward approach will be a breath of fresh air!

Combining traditional Estate Agency with a bespoke, in-house marketing team we are in pole position to achieve amazing results.

Members of Client Money Protection: Scheme Ref: C0134009

Members of Propertymark- Membership: C0134009

Members of the Property Redress Scheme: C0134009

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Disclaimer - Property reference 34999760. 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 Clever, 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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