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4 bedroom maisonette for sale

Alexandra Road

Withdrawn from Market £150,000

Property Description

Key features

  • Rental Income 17,000 Per Annum
  • 4 Letting Rooms
  • Fully Tenanted
  • City Centre Location
  • Communial Courtyard Patio
  • Single Car Off Road Parking
  • Student or Professional Let
  • Gas Central heating
  • No Chain
  • Popular Location

Full description

Tenure: Freehold

SUMMARY A perfect opportunity to purchase a well appointed maisonette, fully let on individual AST's in the heart of Mutley Plain. Situated in close proximity to Plymouth City Centre and the University. The property generates returns of c. £17,000 per annum having an investment return of 10%. (All utility bills are included in the rent). Having a communal patio area to the rear with gate to service lane behind. 

INVESTORS Options exist to continue to rent the property to students or let to professional sharers alike in this popular location with either option being attractive. The property generates returns of c. £17,000 per annum. (All utility bills are included in the rent).  

DETAIL The property can be approached from the side elevation of the property. On entering the property, you are greeted by a communal entrance hall, to your right, a private door and staircase leads to both floors of the dwelling. On the first floor there are two letting rooms. The kitchen and shower room lead off from the landing area which benefits from a large window affording a lot of natural light. A further staircase ascends to the second floor of the property where letting rooms three and four are located, along with a spacious communal bathroom.

The communal kitchen is fitted with a range of tasteful wall and base units with roll-edge wood laminate worktops having a built in electric oven and ceramic hob, washing machine and fridge freezer. All four letting rooms are of ample size comprising a mix of built-in cupboards/wardrobes, decorative coving and fully double glazed. The spacious communal bathroom comprises a modern white bathroom suite, bath, electric shower, hand basin and WC. The floor is laid to vinyl flooring and there is a frosted double glazed dormer window to the rear.

KITCHEN 10' 5" x 6' 1" (3.18m x 1.85m)  

LETTING ROOM 1 15' 5" x 13' 11" (4.7m x 4.24m)  

LETTING ROOM 2 14' 2" x 11' 9" (4.32m x 3.58m)  

SHOWER ROOM 12' 0" x 3' 6" (3.66m x 1.07m)  

LETTING ROOM 3 14' 0" x 12' 2" (4.27m x 3.71m)  

LETTING ROOM 4 13' 8" x 7' 9" (4.17m x 2.36m)  

COMMUNIAL BATHROOM 11' 7" x 10' 10" (3.53m x 3.3m)  

OUTSIDE The rear communal garden/courtyard is of ample size and has a gate leading to the service lane behind.  

VIEWINGS This property would suit a range of purchasers - perfect for a first time buyer or family.

Interested applicants should contact Martin & Co Plymouth today in order to arrange a viewing appointment on 01752 255 255

NOTE TO PURCHASERS 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.  

Listing History

Added on Rightmove:
04 January 2018


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