Summary - First Floor Flat, 622 Wolseley Road PL5 1TE
2 bed 1 bath Flat
**Standout Features:**
- **Auction Sale**: Properties are selling on 11 September 2025.
- **Investment Potential**: Tenant in situ, achieving £800 PCM—an attractive yield.
- **Two Bedrooms**: Spacious living areas with room for families or shared living.
- **Off-Road Parking**: Convenient parking space at the rear.
- **Modern Amenities**: Includes gas central heating and double glazing.
- **Leasehold**: 103 years remaining on the lease, ensuring long-term ownership.
**Property Summary:**
This two-bedroom first-floor flat in St Budeaux, Plymouth, presents an excellent investment opportunity with a current tenant providing an impressive monthly return of £800. The flat is easily accessible via an external staircase and boasts a useful off-road parking space. While the mid-20th-century interiors are in need of modernization, the foundation is solid, featuring gas central heating and double glazing for comfort.
The location offers a blend of urban charm, with a community rich in amenities including shops, schools, and parks, all with excellent public transport connectivity to the wider Plymouth area and access to the A38. Families will appreciate the proximity to several 'Good' rated primary schools, while the property's affordable council tax adds to its attractiveness.
However, buyers should be aware of the property's above-average crime rate, and the solid brick construction with no insulation may require future investment for energy efficiency upgrades. Overall, this flat holds fantastic potential for both lifestyle and profit, perfect for discerning investors or first-time buyers ready to make their mark. Don’t miss out—properties with such rental yields in this area are rare and won't be on the market for long!
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