Summary -
Flat 8,22, Constantine Street,PLYMOUTH,PL4 8AF
PL4 8AF
1 bed 1 bath Flat
Immediate rental income in a well-connected urban location with shared parking.
Long-term tenant in situ with consistent rent payments
A compact one-room flat arranged within a modern mid-rise block on Constantine Street, offered with a long-term tenant in place. The current gross rental income of £6,540pa provides immediate cashflow, making this a straightforward purchase for a buyer seeking an income-producing asset.
The apartment measures about 314 sq ft and includes an open studio living area with separate kitchen and bathroom. The building is low-maintenance and set in an urban area close to shops, transport links and the local university, so demand from students and city renters is consistent.
Key practical points for buyers: the property is leasehold, parking is shared off-street rather than private, and the neighbourhood records very high crime levels and significant area deprivation — factors that will influence tenant profiles and management needs. A buyers premium applies to the sale process.
This is best suited to investors or developers looking to add a low-entry, let property to a portfolio. The tenant intends to remain and has a reliable payment history, reducing void risk, while the flat’s compact size and location offer potential for reconfiguration or re-letting improvements to increase returns.
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