Summary - Top Floor Flat, 37 Clifton Place PL4 8HX
4 bed 1 bath Maisonette
Four double bedrooms, fully let with strong yield near Plymouth University..
- Fully let producing £22,500 pa (approx. 15% gross yield)
- Four double bedrooms ideal for student lets
- Spacious living/dining room with high Victorian ceilings
- Modern fitted kitchen with appliances included
- Single bathroom for four bedrooms (shared facilities)
- Long 999-year lease with share of freehold
- EPC D; pre-1900 granite walls likely uninsulated
- Local area: walking distance to university; higher crime rates
A ready-made income asset in Clifton Place, this top-floor four-double-bedroom maisonette is fully let and currently produces £22,500 pa (around 15% gross yield). Its long 999-year lease with share of freehold and established tenancy make it straightforward to own and manage.
Rooms are generous for a city apartment: a spacious living/dining room with high Victorian ceilings and a modern fitted kitchen with appliances. The property is well located for Plymouth University and local amenities, making it particularly attractive to the student market and buy-to-let investors seeking reliable occupancy.
Practical considerations: there is a single bathroom serving four double bedrooms, and the living room interior will benefit from cosmetic updating. EPC D and the building’s pre-1900 granite construction suggest limited thermal performance — insulation upgrades could improve efficiency. The area shows higher local crime and deprivation indices, which investors should weigh against the strong rental yield and proximity to the university.
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