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Guide price £120,000 - £130,000. Located in a really central position, at the end of Mutley Plain at the start of North Hill is this first floor 3 bedroomed first floor flat, a great investment opportunity! It really is a good one! The flat is currently let to 3 students until August 2022 producing an income of circa £14,500 for the 50 week year! That is made up of two rooms paying £100 pw and one paying £90 pw. That is a return of circa 11% ! The main front door is around the side of this grand building and accesses two of the 3 flats in the building. As you go up the communal staircase you can't not be super impressed by the fabulous stained glass window over the staircase. Once in your front door the hallway leads to a large living room / dining room. The bathroom is fitted with a white suite with a shower fitted over the bath. The kitchen is to the rear and also fitted with a good range of modern units.
the hallway leads off from the front door in the opposite direction to the three bedrooms which are all a good size.
The flat comes with gas central heating and upvc double glazing. Mutley Plain, the University and Plymouth's City Centre are all a short walk away.
Falcon Property
8 Mannamead Road
Plymouth
Devon
PL4 7AA
01752 600444
sales@falconproperty.com
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