• Freehold +
• Ideal Investment +
• Close to city centre +
• Three One Bedroom Flats +
• Tenants in situ +
• No Onwards Chain +

Situated in the popular Lipson area of Plymouth, this investment property presents a solid opportunity for investors. It comprises of three self-contained apartments under a single title with long term tenants in situ. All fully let and generating a strong annual rental income of £21,600.The building offers significant uplift potential through refurbishment, a title split, or rental increases, making it a versatile opportunity for savvy investors.
The property features convenient access from both the front and rear. The rear includes a communal bin area and an outside space that could be utilized by the first and top-floor flats. Additionally, the ground-floor apartment benefits from its own private garden space.
The ground-floor flat features a spacious lounge with a UPVC bay window and a hallway with under stairs storage. It includes a double bedroom with a window overlooking the rear aspect. The kitchen provides access to the rear courtyard garden, and stairs leading to a bathroom.
The spacious entrance hall provides access to the first floor flat. The large lounge benefits from a UPVC bay window ensuring plenty of light as well as good sized bedroom and separate kitchen and bathroom.
The top-floor flat is accessed via a carpeted staircase leading to a large, shower room. The layout includes a well-proportioned lounge, double bedroom and an adjoining kitchen.