5 Bed Semi-Detached House For Sale Derry Avenue, Plymouth, PL4
£375,000- Semi-Detached
1 of 15
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Last Updated: 25th May 2024
Description
An amazing opportunity to acquire a high yielding investment property.
The property is currently being used as a large family home and two self contained investment units, however this could also be utilised as a seven double bedroom HMO and two self contained units.
This Victorian house, retains much of it original period character and charm with mouldings, corbels, feature fireplaces and Mosaic tiling. The property is located within a short walk of Plymouth University, the Train Station and City Centre. The HMO could produce £3,300 pcm gross, Unit A £750 pcm and Unit B £550 pcm, equating to £55,200 which is a gross yield 14.7%.
The property is currently being used as a large family home and two self contained investment units, however this could also be utilised as a seven double bedroom HMO and two self contained units.
This Victorian house, retains much of it original period character and charm with mouldings, corbels, feature fireplaces and Mosaic tiling. The property is located within a short walk of Plymouth University, the Train Station and City Centre. The HMO could produce £3,300 pcm gross, Unit A £750 pcm and Unit B £550 pcm, equating to £55,200 which is a gross yield 14.7%.
Agent Details
At Home Sales Limited
48 Ebrington Street, Plymouth, PL4 9AD
Show Contact Number
01752 777 070
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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.
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.