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£260,000

Derry Avenue, Plymouth, PL4

  • 6 beds
Terraced house

£260,000

  • 6 beds
Terraced house
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Estimate monthly mortgage payment:

£1,187 per month

Minimum deposit amount:

£13,000
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Back to the market due to a buyer withdrawing due to personal circumstances. This spacious size double letting room hmo is situated within a popular street offering easy access to the train station and amenities of the city centre. The property is currently fully let with professional tenants and not students offering an income all year round. The property offers generous proportions throughout as well as a communal lounge/diner, and kitchen area. There is a rear courtyard which is south west facing and two shower rooms. The property is a great investment which will be a great addition to your portfolio or an ideal first branch out into hmo letting. The property has recently brought in an annual income of ?28,560 but this could easily be increased with the new owner bringing each room into a higher rental amount in line with current market around ?32,000 pa. This property is being offered with no onward chain the previous buyer was at point of exchange and all tenants were evicted so the property is ready to go and searches can be purchased for a speedy purchase.

Ground Floor

Entrance Hallway
You enter the property into a welcoming entrance hallway with access to letting rooms one and two as well as into the shared lounge/diner. There is a door giving access out to the rear courtyard. There is a staircase leading to the first floor with storage below.

Letting Room One
This is a lovely and spacious double room and benefits with a pretty bay window and plenty of space for the usual bedroom furniture and more.

Letting Room Two
This is another spacious double room and offers a pleasant outlook out over the rear courtyard.

Lounge/Diner
This bright and airy communal space offers a great area for tenants to come and socialise togeher. There is adequate room for a table and chairs as well as a sofa and tv.

Kitchen
The kitchen is well formed and offers a user friendly lay out. There is plenty of space for those that enjoy to cook as well as an integrated sink with drainer, oven, hob and extractor.

Mid Landing
This landing offers access to letting room six, one shower room and the wc.

Letting Room Six
This is another bright and airy double room and easily accommodates a double bed, chest of drawers and wardrobe.

Shower Room
This offers adequate facilities for the tenants to get ready for the day. There is a wash hand basin and shower enclosure.

WC
The separate wc is a needed prospect in a shared house and is perfect for when the main shower room is occupied.

Main landing
This area offers access to the remaining three letting rooms and into the additional shower room.

Letting Room Five
This has an alcove perfect for a double bed to sit into and a like the other rooms offers adequate space for all the usual bedroom furniture requirements and more.

Letting Room Three
This is a nicely proportioned and positioned room with a pleasant outlook out over the street. There is again plenty of space for the usual requirements and includes a fitted wardrobe.

Letting Room Four
This is the smallest letting room but still can accommodate a double room and includes a fitted wardrobe.

Shower Room
This additional shower room is handy for the number of tenants within the building and offers a single shower enclosure.

Outside
The front of the property offers an enclosed area with a path leading to the front door. To the rear is a south westerly and low maintenance courtyard with an out building where the washing machine is in situ. There is an outside gate perfect for guests to come in and out when having a summers bbq.



Directions
Please contact the office for directions

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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Plymouth City Council, Band B
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