Offers Over £450,000

6 Bedroom Property for Sale

Wyndham Square, Plymouth, Devon, PL1

Offers Over £450,000

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Full Description

We are thrilled to introduce a unique opportunity to the market; a portfolio comprising six self-contained one bedroom apartments, five of which are currently occupied. This cherished portfolio has been well-maintained for years, fostering long-term relationships with many of its tenants. As a result, it is primed and ready for someone to step in and immediately enjoy the benefits of a hassle-free rental business. This diverse opportunity encompasses six comfortable one-bedroom apartments. These properties are in good condition, with some recently refreshed interiors. Additionally, the portfolio includes a shared concrete space accessible to all tenants to the rear, providing a communal area for amenities such as laundry and outdoor drying lines. The six properties today generate circa ?37,000 per annum, resulting in an 8% yield. If the individual properties were to be re-decorated and rental reviews scheduled, there's no reason an investor wouldn't be able to achieve a 10% yield.

EPC''s -
First Floor Flat, 33 Wyndham - E
Flat 1 - E
Flat 2 - F
Flat 3 - E
Flat 5 - E
Flat 6 - E

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PARTICULARS

Energy Performance Certificates (EPCs)

EPC