6 Bed Terraced House For Sale Derry Avenue, Plymouth, PL4

£400,000- Terraced

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Last Updated: 26th June 2024

Description

Investment opportunity being offered to market close to Plymouth university.
Located in Derry Avenue this substantial Semi Detached versatile period property, 5 Double Bedrooms and 3 Reception rooms, currently used as a family home.
Retaining many period features and could also be utilised as a further letting opportunity.
There is also 2x Studio apartments with their own separate entrances currently tenanted with students. A Stone’s throw away from Plymouth University this would make a fantastic investment.
5 bedroom house with 2 self-contained flats - vendor pays utilities - equating to £250 per month (all on separate metres)
Flat 1 generating £575 per month (student)
Flat 2 generating £750 per month (student)
Agent Details
Miller Countrywide
104 North Hill Mutley Plymouth PL4 8HW

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested