Summary - 21 SOUTHERN TERRACE PLYMOUTH PL4 7LS
4 bed 1 bath Terraced
**Key Features:**
- Fully let, generating an annual income of £19,250
- Prime location in a popular student area close to university and amenities
- Four letting rooms, suitable for student rental
- Communal lounge/diner and a courtyard garden
- Well-presented interior with high ceilings and Victorian charm
- Council tax band B and EPC rating D
Located in the vibrant Southern Terrace of Mutley, this four-bedroom terraced house is an excellent investment opportunity in a thriving student neighborhood. Currently fully let, the property is generating a substantial income of £19,250 per year. The accommodation includes a spacious lounge/diner that boasts a bay window and plenty of natural light, a well-equipped kitchen, utility room, and four comfortable bedrooms, making it ideal for current or future tenants.
The property's charming courtyard garden adds a pleasant outdoor space, while its close proximity to local amenities—including shops, cafes, and transport links—ensures lifestyle convenience. With an average-sized footprint of 1,184 sq ft, this mid-terrace Victorian house offers unique character alongside the flexibility for potential renovations, allowing for an increased rental yield.
While the council tax is affordable and the property is chain-free, it’s worth noting that the area has above average crime rates, which may affect some buyers' perceptions. Additionally, the walls are uninsulated granite, requiring future investment in insulation for enhanced energy performance. If you're looking for a profitable rental property or a family home in a cosmopolitan setting, this terraced house presents a promising opportunity that won’t last long on the market!
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