Salisbury Road, Plymouth

Under Offer Offers Over £260,000 Freehold
pin Salisbury Road, Plymouth, PL4 8QU
Sold

Overview

Property ID: 21130
  • jet_pie-PLY220722 Ref
  • House Type
  • Under Offer Availability
  • 5 Bedrooms
  • 2 Bathrooms
  • 2 Reception Rooms
  • Freehold Tenure
  • Floorplan
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  • Local Schools
  • Local Amenities
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Full Details

This substantial five double bedroom HMO has provided a staggering annual gross return of £21,120, however the rent on each room has not been increased for some time. In line with current market value, if the dwelling was rented fully at the appropriate value, the income would see a return of closer to £30,000 per annum. The property is arranged over two floors boasting one kitchen, two shower rooms and a low maintenance rear garden. Due to the layout of the property, each tenant shares the bathrooms and kitchen space with one another, and is therefore always a popular rental. All the required licensing is in place and ready to provide someone with a fantastic potential rental yield of circa 11%. The property is currently fully let to Students and is also fully booked for the next academic where Purple lettings manage the property. Outside, the property has a good sized rear garden with outside storage. EPC: TBC
Entrance Hall
Red wooden door into entrance hall, tiled floor
Hallway
Carpet flooring, cream painted walls, built in wooden cupboards
Sitting Room
White wooden door, carpet flooring, painted walls with built in wooden cupboard. Bay window to the front aspect, wall mounted gas radiator
Bedroom
White wooden door, painted walls, carpet flooring, bay window to the side aspect, gas wall mounted radiator
Breakfast Room
White wooden door, window to the side aspect, painted walls, carpet flooring, 2 x built in wooden cupboards, wall mounted as radiator
Kitchen
White wooden door, tile effect vinyl flooring, black work top, white wooden units with chrome handles, chrome extractor fan, 2 x windows to the side aspect, grey tiles fitted around the worktop, black oven, chrome sink & draining board with mixer tap.
Shower Room
Shower, wash hand basin, double glazed window to rear aspect.
Landing
Carpet flooring, access to further bedrooms and shared bathroom.
Split Bedroom
Carpet flooring, wall mounted radiator, double glazed window to rear aspect.
Bedroom
Carpet flooring, wall mounted radiator, double glazed bay window to side aspect.
Bedroom
carpet flooring, wall mounted radiator, double glazed bay window to front aspect.
Bedroom
Carpet flooring, wall mounted radiator, double glazed window to front aspect.
Bathroom
Tiled flooring and walls, low level Wc, wash hand basin with mixer taps, shower with hot and cold taps and shower above, shower cubicle with shower, 2x double glazed windows to side aspect.
Exterior
The property benefits from an enclosed courtyard which has been laid to both turf and patio, with ample space for outdoor furniture.

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