7 Bed Other  For Sale  Connaught Avenue   Plymouth  Devon  PL4  
£399,950
For Sale
TENURE: Freehold
CONTACT DETAILS: 
Reference: Quote Houseladder - 43229

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Mortgage quote

Energy quote

Broadband and TV




SUBSTANTIAL INVESTMENT PROPERTY



GCH



DOUBLE GLAZED THROUHOUT



SOLD WITH CONTENTS



HIGH CEILINGS AND WIDE HALLWAYS



GARDENS FRONT AND REAR



PART TENANTED WITH SCOPE FOR IMPROVEMENT/ DEVELOPEMENT



GOOD DECORATIVE ORDER







Overview

Tenure:
Freehold
Asking Price:

£399,950

HOUSE SIMPLE IS PLEASED TO PRESENT THIS SUBSTANTIAL SPACIOUS PERIOD PART TENANTED INVESTMENT PROPERTY OPPORTUNITY BRIEFLY COMPRISING FIVE LETTING ROOMS (2 LET, 3 VACANT) WITH SHARED LOUNGE, LARGE DINING KITCHEN, TWO SHOWER ROOMS, PLUS A SELF CONTAINED TWO BEDROOM WELL FURNISHED FLAT, (LET) IN GOOD DECORATIVE ORDER IN AN UNBEATABLE LOCATION, OFF THE TOP (BETTER ) END OF MUTLEY PLAIN, TEN MINUTES WALK TO PLYMOUTH UNIVERSITY, A SHORT WALK FROM ALL THE BARS, SHOPS AND RESTAURANTS OF MUTLEY, ON A MAJOR BUS ROUTE TO DERRIFORD HOSPITAL, YET STILL IN A QUIET LOCATION WITH A 60' SOUTH FACING FRONT GARDEN, WALLED REAR GARDEN...GROSS RENTALS WHEN FULLY LET £26,100.00 PA , AS PRESENTLY CONFIGURED, SUBJECT TO HIMO CERTIFICATE, A POTENTIAL 6.5% YIELD, PLUS THE PROBABILITY OF GOOD CAPITAL GROWTH. ALSO SCOPE FOR REDEVELOPMENT AND CONSEQUENT INCREASE IN THE RENT ROLL, BY RECONFIGURING INTO FULLY SELF CONTAINED UNITS, SUBJECT TO ALL NECESSARY CONSENTS.


THE UK POPULATION IS SET TO SHOOT UP AND CAPITAL VALUES IN THE SOUTH WEST ARE SET TO INCREASE. WHY LEAVE YOUR MONEY IN A BANK OR PENSION FUND, MAKING THEM RICH, BUT NOT YOU?!!


OTHER PROPERTIES AVAILABLE THROUGH HOUSESIMPLE FROM THE SAME VENDOR.
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