- Investment Opportunity +
- Three Self Contained Units +
- Freehold +
- Annual Income of £ 26,256.00 +
- Yield of 8% +
- Modern Kitchens +
- Electric Heating & Double Glazing +
- On Street Parking +
- Council Tax Band A £1,407.71 +
- EPC Rating Various (See EPC's) +
AGENTS COMMENT This Victorian Townhouse property has been converted in to three self contained units and is being sold as a freehold investment. Currently let out on AST's creating an annual income of £26,256.00 this property offers a gross yield in excess of 8%. An internal viewing is a must. This property is well presented throughout and benefits from ground floor access and off-road parking. Situated in the popular area of Lipson it provides easy access to the A38, city center and local transport links.
The building compromises of two two bedroom flats and one one bedroom flat all with, shower rooms and modern spacious kitchens/lounges.
Lipson is a ward in the city of Plymouth, England. It is an affluent area with a substantial park called 'Freedom Fields', a Civil War battle site where the townsfolk of nearby Plymouth resisted substantial Cavalier raiding parties and enabled the town to sustain the royalist siege. Freedom Fields existed before the Civil War and acquired its name after the defeat there of a French invasion force two hundred years earlier.
Formerly the site of Plymouth's biggest hospital (Freedom Fields Hospital), the borough prison, and fire and ambulance stations, it now retains only the (rebuilt) fire station. Most of the housing stock is good-quality Victorian and Edwardian terraces and some good schools are available including Lipson Co-operative Academy. The area offers fine views in all directions, not least south across Plymouth Sound. A retail shopping centre, the university, and Plymouth's main railway station are all within short walking distance.
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The floor plans are set out as a guideline only and should not be relied upon as a representation of fact. They are intended for information purposes only and are not to scale. Copyright Hindhead Property Limited 2023.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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