Valletort Road, Plymouth

Under Offer Offers Over £300,000
pin Valletort Road, Plymouth, PL1 5PH
Sold

Overview

Property ID: 17602
  • jet_pie-PLY211600 Ref
  • House Type
  • Under Offer Availability
  • 7 Bedrooms
  • Floorplan
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Full Details

This substantial seven double bedroom HMO has provided a staggering annual gross return of £27,360, however the rent on each room has not been increased for quite 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 £40,000 per annum. The property is arranged over three floors boasting two kitchens, three shower rooms and low maintenance rear garden. Due to the layout of the property, each tenant shares a bathroom and kitchen space with just two other tenants, and is therefore always a popular rental. All the required HMO licensing is in place and whilst a new owner may look to renovate in some places to refresh this investment, it is equally ready to provide someone with a fantastic potential rental yield of circa 11%. Outside, the property has a good sized rear garden with outside storage. EPC: TBC
Entrance Hall
Carpet flooring, access to two bedrooms & kitchen.
Bedroom One (4.45m x 4.18m (14'7" x 13'9"))
Carpet flooring, wall mounted gas radiator, double glazed window to front aspect.
Bedroom Two
Carpet flooring, wall mounted gas radiator, double glazed window to rear aspect.
Kitchen (5.15m x 2.57m (16'11" x 8'5"))
Vinyl flooring, matching wall and base units, space for fridge / freezer, space for cooker, space for washer, double glazed window to side aspect and patio door leading to rear courtyard.
Shower Room (2.57m x 1.44m (8'5" x 4'9"))
Laminate flooring, access to Wc, shower cubicle, low level Wc, double glazed window to side aspect, access to store room.
Landing
Carpet flooring, access to shower room.
Shower Room (2.25m x 1.28m (7'5" x 4'2"))
Carpet flooring, wash hand basin with hot & cold mixer taps, shower cubicle, double glazed window to rear aspect.
Bedroom Three (4.22m x 2.41m (13'10" x 7'11"))
Carpet flooring, wall mounted radiator, double glazed window to front aspect.
Bedroom Four (4.21m x 3.15m (13'10" x 10'4"))
Carpet flooring, double glazed window to front aspect.
Bedroom Five (3.29m x 3.15m (10'10" x 10'4"))
Carpet flooring, wall mounted radiator, double glazed window to rear aspect.
Wc (1.22m x 0.75m (4'0" x 2'6"))
Laminate flooring, low level Wc.
Landing
Carpet flooring, storage cupboard.
Bedroom Six (4.16m x 3.53m (13'8" x 11'7"))
Carpet flooring, wall mounted radiator, double glazed window to front aspect.
Bedroom Seven (4.19m x 3.29m (13'9" x 10'10"))
Carpet flooring, storage cupboard, double glazed window to rear aspect.
Kitchen (2.28m x 1.68m (7'6" x 5'6"))
Laminate flooring, matching wall and base units, space for fridge / freezer, sink & draining unit with mixer taps, double glazed window to front aspect.
Shower Room (2.88m x 0.81m (9'5" x 2'8"))
Vinyl flooring, low level Wc, shower cubicle.
Exterior
To the rear the property benefits from a low maintenance enclosed rear garden, suitable for garden furniture and socialising.

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