Summary - 39 PASLEY STREET PLYMOUTH PL2 1DR
2 bed 1 bath Flat
Ready-made rental with outdoor space and uplift potential.
• Tenants in situ — immediate rental income
• Private garden — rare for a flat
• Approximately 797 sq ft; traditional two-bedroom layout
• Leasehold tenure — check remaining term and service charges
• High local crime and very deprived area may affect demand
• Cavity walls assumed without insulation — energy upgrades likely
• External maintenance noted (roof repair visible)
• Good transport, schools, excellent mobile signal, fast broadband
This leasehold, two-bedroom first-floor flat in Stoke offers an immediate rental opportunity with tenants in situ. At about 797 sq ft, the apartment delivers a traditional layout, a separate kitchen and living room, and a private garden — a rare outdoor space for flats in the area.
The property benefits from double glazing installed after 2002, mains gas heating with a boiler and radiators, excellent mobile signal and fast broadband — practical features for tenants. Local amenities, good primary and secondary schools, frequent buses and easy routes to the city centre support lettability.
Important considerations are factual: the property sits in a very deprived, high-crime area which can affect yields and re-letting, and it is leasehold. The building dates from mid-20th century and has cavity walls with no insulation (assumed) and some exterior maintenance noted (roof repair visible). These items point to refurbishment and energy-improvement costs.
For an investor this is a straightforward, ready-made rental with scope to increase net returns through targeted improvements (insulation, exterior repairs, cosmetic updating). For buyer-occupiers, the location and private garden are attractive but weigh the neighbourhood profile and required maintenance against the purchase price.
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