Alexandra Road, Mutley, Plymouth

Property features

• Spacious 4 - Bed Maisonette
• Strong Gross Yield of 12% Currently
• A total of 54 sq m
• Recently Modernised
• 1 Shower room and 1 Family bathroom
• Peppercorn Ground Rent & Service Charge
• Council Tax Band - A
• Enclosed Courtyard Garden
• EPC - D
• No Onward Chain

Summary

Hindhead Property are delighted to present this spacious 4-bedroom maisonette, nestled close to Mutley Plain. Spread over two floors, it features a bay-fronted living room, modern kitchen, private courtyard, and generous bedrooms. With peppercorn ground rent and service charge, it's a fantastic investment opportunity.

Details

HINDHEAD PROPERTY Hindhead Property are delighted to present this exceptional 4-bedroom maisonette, situated in a prime location just moments from Mutley Plain. Offering a fantastic investment opportunity, this spacious property spans two generous floors and provides a perfect balance of comfort, style, and convenience.

Upon entering the ground floor, you'll be welcomed into a bright hallway leading to a bay-fronted living room-ideal for both relaxation and entertaining. This level also features a modern shower room and a well-sized bedroom, plus the added benefit of a handy under-stairs cupboard. A staircase leads you to the first floor, where you'll discover three more bedrooms, each offering generous proportions. The master bedroom to the rear boasts built-in wardrobes, ensuring both practicality and comfort.

The heart of the home is a modern fitted kitchen/breakfast room, perfect for family meals and casual dining. Also on this floor, you'll find a stylish family bathroom suite and an inner hallway leading to a private rear courtyard-a peaceful outdoor retreat for those warm summer evenings.

What makes this property even more appealing is the attractive peppercorn rent and minimal service charge, making it an affordable choice for investors seeking a solid return or a future homeowner looking for ample space in a sought-after location. Currently generating a gross income of £22,000 per year, this property offers a strong return on investment. It is also available with no onward chain, providing a hassle-free purchase.

With its fantastic layout, private courtyard, and unbeatable location, this 4-bed maisonette is an opportunity not to be missed.

MUTLEY PLAIN is a bustling and well-connected area in Plymouth, Devon, offering a vibrant mix of shops, cafés, and essential amenities. As the heart of the Mutley district, this lively high street serves both the local community and the surrounding neighbourhoods, including the more affluent areas to the north.

Originally developed in the late Victorian era as an elegant, tree-lined avenue, Mutley Plain has evolved into a key commercial and residential hub. The B3250 runs through the area, providing excellent transport links, while multiple pedestrian crossings ensure accessibility for residents and visitors.

With its rich history, strong community feel, and proximity to the city centre and university, Mutley Plain remains one of Plymouth's most sought-after locations for both homeowners and investors.

PLYMOUTH , Britain's Ocean City, is one of Europe's most vibrant waterfront cities. Located by a stunning waterfront and harbour, Plymouth is the perfect place to buy property.

WE ANTICIPATE HIGH DEMAND for this property and advise early viewings to avoid disappointment. All applicants will be subject to a rigorous registration/ financial verification process. Viewings will be booked by appointment only, and are subject to availability. For more information, please call 01752 875075.


STAMP DUTY LAND TAX (SDLT) or Land and Buildings Transaction Tax (LBTT) may apply in certain circumstances. Buyers are advised to check their liability before proceeding with a purchase.

MONEY LAUNDERING REGULATIONS: In accordance with the Money Laundering Regulations, buyers will be required to provide identification documents at the point of offer acceptance.

ESTATE AGENTS ACT 1979 *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.

COUNCIL TAX BAND We understand this property falls within Plymouth City Council Tax Band A. However, buyers should verify this information directly with Plymouth City Council before making any decisions.

ACCOMADATION Reference made to any fixtures, fittings, appliances or any of the building services does not imply that they are in working order or have been tested by us. Purchasers should establish the suitability and working condition of these items and services themselves.

EPC