4 Bed House For Sale Penrose Street, Plymouth, PL1

£220,000

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 15th April 2024

Description

DC Lane are delighted to present this excellent investment opportunity located centrally and within strolling distance to the City Centre, railway station and University.

The property comprises of two self contained flats currently let with an income jointly of £16,140pa. The ground floor flat comprises of two double bedrooms, bathroom with separate shower cubicle, open plan living/dining/kitchen with rear garden access to a private courtyard. The first floor flat comprises of
hallway, two bedrooms ( double and single) bathroom with shower over, lounge and particularly generous kitchen/diner with rear access to a small garden area. Having been let for many years the property has electrical and gas safety certificates for both flats.

With no onward chain, we believe this would make an ideal Buy to Let investment due to the popular location and transfer of freehold- a viewing is highly recommended.

MOVE FASTER WITH PRIORITY PACK - AVAILABLE ON THIS PROPERTY Call for more information. or click

Ground Floor Flat -

Open Plan Living/Dining/Kitchen - 3.00 x 6.08 (9'10\" x 19'11\") -

Bedroom One - 4.74 x 3.84 (15'6\" x 12'7\") -

Bedroom Two - 3.56 x 3.96 (11'8\" x 12'11\") -

Bathroom - 1.70 x 2.24 (5'6\" x 7'4\") -

First Floor Flat -

Lounge - 3.66 x 4.08 (12'0\" x 13'4\") -

Kitchen/Diner - 3.08 x 5.02 (10'1\" x 16'5\") -

Bedroom One - 3.10 x 3.99 (10'2\" x 13'1\") -

Bedroom Two - 2.28 x 2.95 (7'5\" x 9'8\") -

Bathroom - 1.78 x 2.74 (5'10\" x 8'11\") -
Agent Details
DC Lane
99 Mutley Plain, Mutley, Plymouth, PL4 6JJ

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 4 bedroom property. See more properties like this.

£300,000
Plymouth, PL1
Terraced
7.4
£230,000
Plymouth, PL3
End Terrace
6.4
£350,000
Plymouth, PL1
Terraced
6.2
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested