Summary - 65 CONNAUGHT AVENUE PLYMOUTH PL4 7BU
5 bed 3 bath Terraced
**Standout Features:**
- Five-bedroom terraced house with **three separate flats**.
- Located in a **popular cosmopolitan student neighborhood**, walking distance to the University and city center.
- **Proven rental income** of approximately **£20,000 p.a.**, fully let with AST tenants.
- **999-year leases** with separate metering, gas central heating, and uPVC double glazing.
- **Off-road parking** for two vehicles, enhancing convenience.
**Potential Concerns:**
- Average-sized structure potentially requiring some attention for modernization.
- Built before 1900, may have **limited insulation**, typical for the era.
This expansive five-bedroom terraced house on Connaught Avenue is an exceptional investment opportunity, currently configured as three separate flats, perfect for generating rental income in a vibrant area of Mutley. With proven yields of around £20,000 p.a., this freehold property boasts excellent demand from students and professionals alike. Each flat offers unique period features, spacious reception areas with high ceilings, and modern comforts like gas central heating and double glazing.
Situated in a tree-lined avenue, the location provides unmatched convenience, within easy walking distance to amenities, public transport, and the University. While the property maintains its historic charm, it presents renovation potential for those seeking to enhance value and comfort. Don’t miss your chance to acquire a gem in this prime location—properties like this don’t stay on the market for long!
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