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£280,000

Wolsdon Street, Plymouth, PL1 5EH

  • 4 beds
Detached house

£280,000

  • 4 beds
Detached house
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Estimate monthly mortgage payment:

£1,278 per month

Minimum deposit amount:

£14,000
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This fully tenanted Victorian terraced property has been professionally converted into three self-contained flats and separate EPC certification.

The ground floor flat comprises one bedroom, a lounge, a spacious kitchen, a shower room, and access to a rear courtyard. It is currently let on an Assured Shorthold Tenancy (AST) starting from 5th July 2024, generating £750 per calendar month. EPC Rating: D60.

The first floor flat offers two bedrooms, a lounge, a large kitchen, and a shower room. It has been let on an AST since 15th January 2024 at £845 per calendar month. EPC Rating: C70.

The second (top) floor flat includes one bedroom, a lounge, a kitchen, and a bathroom. This tenancy has been in place since 13th July 2020 with a current rent of £600 per calendar month. EPC Rating: C75.

The total annual rental income is £26,340, delivering a strong gross yield of 9.5%. This income-generating asset offering immediate cash flow and long-term capital growth potential in a high-demand rental area.

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£1,278 per month
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Mortgage and legal costs:
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