Grand Parade, Plymouth£450,000
DESCRIPTION This recently refurbished Georgian property is prime real estate, situated as it is on the sea front of Plymouth Hoe.
With five double en- suite rooms as well as a stylish top floor apartment, the property boasts not only a £38,148 return but an investment that is a stone's throw from Plymouth's thriving sea front restaurants and popular tourist areas.
Located approximately a 6 - minute drive (1.5 miles) away from Plymouth city centres' Drakes Circus on the ever-sought-after Grand Parade this truly is an elegant fully licenced HMO.
Formally the building was a fully functioning hotel, purchased several years ago by local property developers, who have completely refurbished it.
The property also benefits from a large roof terrace as well as a rear courtyard garden providing access. There is also a purpose-built storage.
Income break down: Room 1- £541 pcm, Room 2 - £498 pcm, Room 3 - £429 pcm, Room 4 -£498 pcm, Room 5- £563 pcm, Top Floor Apartment - £650 pcm. Total per calendar month is £3,179 & total per annum £38,148.
It is the intention to carry out block viewings.
Under the Estate Agents Act 1979 we must inform you that we are marketing this property on behalf of an employee or relative of an employee of Hindhead Property.
Property ID: 101415001766
Reception Rooms: 2
Phenomenal Sea Front Investment
5 Modern En Suite Double Rooms
Self Contained Top Floor Apartment
EPC : TBC
Private Roof Terrace and Rear Courtyard
SOLD AS SEEN (fully furnished)
Returning £38,148 Per Annum
Located Between The Hoe and Royal William Yard
Fully Equipped Modern Kitchen
uPVC Double Glazing & Gas Central Heating
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