Wyndham Square, Plymouth

Public Notice: This property is currently under offer at £335,000. Anyone wishing to make an offer over and above this amount should contact the selling agents Pilkington Estates on 01752 982 783 prior to the exchange of contracts.

We are thrilled to introduce a unique opportunity to the market; a Grade II portfolio comprising six self-contained one bedroom apartments, five of which are currently occupied. This cherished portfolio has been well-maintained for years, fostering long-term relationships with many of its tenants. As a result, it is primed and ready for someone to step in and immediately enjoy the benefits of a hassle-free rental business. This diverse opportunity encompasses six comfortable one-bedroom apartments. These properties are in good condition, with some recently refreshed interiors. Additionally, the portfolio includes a shared concrete space accessible to all tenants to the rear, providing a communal area for amenities such as laundry and outdoor drying lines. The six properties today generate circa £37,000 per annum, resulting in an 8% yield. If the individual properties were to be re-decorated and rental reviews scheduled, there's no reason an investor wouldn't be able to achieve a 10% yield.

EPC''s -
First Floor Flat, 33 Wyndham - E
Flat 1 - E
Flat 2 - F
Flat 3 - E
Flat 5 - E
Flat 6 - E