Short walk to university and city-centre amenities, ideal for rental refurbishment.
Freehold property arranged as three self-contained one-bedroom flats
A rare central freehold arranged as three self-contained one-bedroom flats, offered for buyers ready to renovate and add value. The property sits within easy walking distance of Plymouth University, Mutley Plain and the city centre, giving steady rental demand from students and local professionals.
The building retains Victorian character — high ceilings, bay windows and granite walls — but requires full modernisation. Heating is by electric storage heaters, glazing is older double-glazed units, and walls likely lack insulation; a comprehensive refurbishment will be needed to improve comfort and energy performance.
This is a straightforward redevelopment or rental-refurbishment project: small overall footprint (around 560 sqft total) and a decent plot, freehold tenure, no flood risk. Note the local area has higher crime rates and wider area deprivation, so lettings should be targeted to students or professionals who value proximity to university and amenities.
Practical positives include on-street parking, excellent mobile and fast broadband, and very low council tax. For investors or developers seeking a central Plymouth project, this property offers clear scope to increase value through modernisation, reconfiguration, or letting to the nearby rental market.
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