Summary - 36 HOUNDISCOMBE ROAD PLYMOUTH PL4 6HF
4 bed 4 bath Terraced
**Key Features:**
- Freehold investment property with 4 fully let flats
- Annual income of £42,911, yielding 10.7%
- Central location near Plymouth University and Mutley Plain
- Diverse mix of two one-bedroom flats and two studio flats
- Each flat equipped with modern layouts, bay windows, and garden access
- Total size of approximately 1,558 sq ft
Discover a fantastic investment opportunity in the heart of Plymouth with this charming Victorian terraced property, comprising four fully let flats generating a robust income of £42,911 per year—an impressive yield of 10.7%. Each flat boasts neutral décor and modern designs, with features including bay windows and direct access to a shared garden, while communal areas provide a secure entrance and laundry facilities. Located in the vibrant Mutley area, you’ll enjoy proximity to local amenities, green parks, and the university, appealing to tenants seeking both comfort and convenience.
While the total square footage stands at a generous 1,558, the property does require a small amount of maintenance due to its age, having been constructed before 1900. The heating system operates on mains gas with efficient boiler and radiator setups, though the walls may lack insulation. The council tax rates are very low, making ownership more economical. Whether you are an investor searching for a turnkey property or a first-time buyer interested in leveraging rental opportunities, this well-maintained building in an attractive location offers tremendous future potential. Don’t miss out on this exclusive listing!
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