Summary - Top Floor Maisonette, 87 Alexander Road, Mutley PL4 7EF
3 bed 1 bath Maisonette
### Standout Features:
- Three-bedroom maisonette located in the vibrant Mutley neighborhood.
- Fully let for the 2025/26 academic year, generating a gross income of £20,250 per annum (16+% yield).
- Pristine condition and chain-free with 171 years remaining on the lease.
- Close proximity to Plymouth University and local amenities.
- Double glazing, mains gas heating, and an average-sized garden.
### Summary:
Discover an outstanding investment opportunity with this spacious three-bedroom maisonette in the bustling Mutley district. Ideal for investors seeking solid rental returns, this property is fully let for the upcoming academic year, yielding over 16%. Boasting a well-designed interior, the layout includes a large living area, a modern fitted kitchen with stainless steel appliances, and three generous bedrooms, ensuring comfort for tenants.
The property has a garden, providing a rare outdoor space in this urban setting, plus it's conveniently situated near Plymouth University and local amenities like gyms and public transport. While the maisonette is in good condition, potential issues such as elevated crime rates and the need for some exterior maintenance might be areas of consideration. With an excellent EPC rating of D, this property balances functionality with attractive living conditions, making it a promising choice for future-focused investors. Don’t miss the chance to secure this valuable asset in a sought-after location!
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