Summary - 52, MUTLEY PLAIN PL4 6LE
8 bed 1 bath Mixed Use
**Standout Features:**
- Mixed-use property with 3 fully let ground floor shop units generating £34,800 per annum.
- Upper floors consist of an 8-bedroom HMO, fully occupied, yielding £40,950 annually.
- Additional income from telecom base and parking, totaling £3,200.
- Excellent investment potential with a total rental income of £79,790 per year.
- Prime corner location in a vibrant student and professional neighborhood on Mutley Plain.
**Summary:**
This exceptional mixed-use investment opportunity presents a prominently located property in the bustling cosmopolitan area of Mutley Plain, Plymouth. The ground floor boasts three retail units—a barbers, a retail shop, and a nail bar—well-established with long-term leases, offering consistent returns. The upper floors convert seamlessly into a profitable HMO, catering to the high demand for student accommodation, complete with en-suite rooms and communal spaces.
While the total income and strategic location promise strong returns, potential buyers should be aware of the property's need for some renovations as it currently reflects a historical style with a classic Georgian façade. The surrounding area is rich in amenities, combining convenience with community, making it ideal for both student living and professional pursuits. Investors seeking a reliable income stream and future development possibilities should act swiftly, as opportunities like this in such a dynamic setting are rare.
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