Residential Investment Property Plymouth PL1

Guide Price: £240,000
Auction Date: 17/09/2024

Guide Price £240,000+. Situated within an extremely central location in Plymouth, is this freehold end of terrace building arranged as 6 apartments. The building, which requires some renovation work, comprises of three x studio apartments, two x 1 bedroom apartments and a two bedroom apartment. All apartments are let on AST (Assured Shorthold Tenancy) agreements and are currently producing a total gross income of £27,900 per annum with the exception of the two bedroom apartment which has undergone recent renovation work and is currently vacant. This property offers a great opportunity to purchase an ongoing investment opportunity with the potential for increase.

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