Summary - 44, Chaddlewood Avenue PL4 8RF
5 bed 2 bath Terraced
Turnkey buy-to-let with strong income and modern communal spaces.
Fully let until August 2026 producing approx £30,000 gross annually
A fully let, income-producing mid-terrace in central PL4, currently delivering approximately £30,000 gross per year under assured tenancies until August 2026. The house has been maintained to a high standard and benefits from contemporary communal kitchen and living spaces alongside modern bathroom suites — offering immediate, reliable cashflow for a buy-to-let investor.
The property combines period character with up-to-date interiors: five letting rooms across multiple storeys, gas central heating, and double glazing. Constructed c.1900–1929, the building sits on a small plot with a compact garden and is well-suited to students and professionals in this cosmopolitan neighbourhood.
Buyers should note material factors plainly: the energy rating is EPC D, the external walls are likely uninsulated sandstone/limestone (insulation status unconfirmed), and the area shows higher-than-average crime with broader local deprivation. These issues affect running costs, insurance, and tenant demand considerations.
This is a practical, turn-key HMO investment for purchasers prioritising immediate yield. There is potential to review rents or reconfigure once the current tenancy agreement expires, but any purchaser should factor in ongoing management, occasional maintenance, and the energy/insulation limitations when assessing long-term returns.
6 bedroom terraced house for sale in Chaddlewood Avenue, Plymouth, PL4 — £350,000 • 6 bed • 2 bath • 1551 ft²
5 bedroom terraced house for sale in Alexandra Road, Mutley, Plymouth, PL4 — £250,000 • 5 bed • 2 bath • 1553 ft²
6 bedroom house for sale in Ashford Road, Plymouth, PL4 — £290,000 • 6 bed • 2 bath • 1426 ft²
6 bedroom terraced house for sale in Alexandra Road, Mutley, Plymouth, Devon, PL4 — £290,000 • 6 bed • 2 bath • 1261 ft²
5 bedroom end of terrace house for sale in Ilbert Street, Stonehouse, PL1 — £225,000 • 5 bed • 2 bath • 1507 ft²
8 bedroom house for sale in Alexandra Road, Mutley, PL4 — £425,000 • 8 bed • 2 bath • 2261 ft²
