Ashford Road, Plymouth
Plymouth, Devon
£285,000
Property features
- Investment Opportunity 7.70% Yield
- 2x2 Bedroom 1x1 Bedroom Apartments
- Some Off Road Parking
- Modern Kitchens
- Modern Shower Rooms
- Double Glazing & Electric Heating
- Communal Courtyard
- Annual Income of £26,340.00
- Fully Let on AST's
- EPC: Please see the EPCs
Summary
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 a net annual income of £26,340.00 this property offers a gross yield in excess of 8.78%. 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 centre 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.Details
FULL DESCRIPTION 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 £23,100 this property offers a gross yield in excess of 7.7%. 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.
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.
Mutley Plain is a street in Plymouth, Devon, England. Although Mutley Plain is the main street of the dense suburb called Mutley, the term is often applied to the whole area. The road is a busy dual-carriageway, the B3250, with eight sets of traffic lights/pelican crossings. It was built as a smart tree-lined avenue in late Victorian times and improved over the next half century as a local shopping place for its neighbourhood and the affluent area to the north.
(From Wikipedia, the free encyclopedia).
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.
All info provided by: https://en.wikipedia.org/wiki/Lipson
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
For more info please visit:
https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro
Floor Plans
