**Standout Features:**
- Victorian terrace apartment with period features
- High ceilings and large rooms
- Off-street parking
- Garden space
- Chain-free sale
- Strong rental potential (£775 - £800 PCM)
- Guide price: £70,000 - £80,000
- Cash buyers only
**Potential Downsides:**
- Needs maintenance and some updates
- High crime rate in the area
- Built before 1900 with granite or whinstone walls and assumed no insulation
- Low-ranked local schools (one 'Inadequate' Ofsted rating)
Positioned in the vibrant and student-oriented neighbourhood of Mutley, this one-bedroom Victorian flat is a fantastic opportunity for cash buyers looking for a blend of history and charm. With its large kitchen/living room, ample space for a double bedroom, and a bathroom featuring a three-piece suite, the apartment offers comfortable living in character-filled surroundings. Boasting high ceilings, bay windows, and garden access, this residence provides the perfect canvas for personal touches or future renovations.
While the property requires some maintenance, its competitive price and significant rental potential make it a smart investment choice for landlords seeking to capitalize on the area’s growing demand. The flat also comes with the convenience of off-street parking and a peaceful garden, offering a serene escape in an otherwise bustling environment.
Though the locality faces challenges, including a high crime rate and several local schools with lower Ofsted ratings, the vibrant mix of amenities around enhance community living. From supermarkets and cafes to fitness centers, it’s an area bustling with life. Embrace the opportunity to step into a historic gem with the potential for your personal touch and a promising future—properties like this don’t last long!