Central eight-bedroom investment with strong tenant demand and immediate income potential.
• Eight self-contained letting rooms across three storeys
• Currently fully let — immediate rental income
• Period features: high ceilings, bay windows, large rooms
• Only two bathrooms for eight bedrooms — shared facilities
• Small front garden and limited external space
• Property needs general modernization and ongoing maintenance
• Located near Plymouth University and city centre transport
• Area shows high crime and higher deprivation levels
This three-storey Victorian terrace on Seaton Avenue is a ready-made rental asset in a high-demand central location. Arranged over three floors with a converted attic, the property currently operates as an eight-bedroom let and produces immediate income, positioned close to Plymouth University, city amenities and public transport.
Internally the house offers large rooms and high ceilings characteristic of the period, plus a modern-fitted kitchen and generous communal living space. Fast broadband and excellent mobile signal support student and professional tenants, and the property's layout gives scope to optimise rents further.
Buyers should note material drawbacks plainly: the area records high crime and higher deprivation indices, the plot and front garden are small, and there are only two bathrooms serving eight bedrooms. The building shows period features but needs general updating and ongoing management to maintain lettings performance.
For an investor seeking a central, turnkey income stream with potential for rent growth, this property is well placed. It suits portfolio-builders targeting student and professional demand, though purchasers should factor refurbishment costs, security considerations, and active tenancy management into acquisition budgets.
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