Summary - 3, CAMDEN STREET, PLYMOUTH PL4 8NW
9 bed 9 bath End of Terrace
**Standout Features:**
- 9 bedrooms, all en-suite
- Fully let, generating £57,450 gross income
- 11% gross yield
- Excellent EPC rating of B
- Recently updated fire safety system
- Laundry Room and two Communal Kitchen/Living Spaces
- Planning Permission granted to add an additional One Bedroom Flat (19/00637/FUL)
- Close proximity to Plymouth University and the city center
**Potential Downsides:**
- Maintenance may be required, as implied by the occupancy and wear over time
- Property situated in a densely populated urban area
This exceptional end-of-terrace property on Camden Street represents a prime investment opportunity, perfectly positioned within walking distance of Plymouth University and the vibrant city center. Currently generating a robust income of £57,450 from its nine en-suite bedrooms, this property offers an impressive 11% gross yield.
Well maintained with modern amenities, including a new fire safety system and two communal kitchen/living areas, it caters ideally to students looking for comfortable, convenient housing. Additionally, the property includes planning permission for a one-bedroom flat, allowing for future expansion and enhanced rental potential.
While the urban setting provides an array of amenities and services, potential buyers should note that the densely populated environment may require ongoing maintenance. With such a lucrative yield and promising future possibilities, this is a unique opportunity that won’t last long in today’s competitive property market. Envision your investment growing in this highly sought-after location, perfect for both current and future potential.
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