Sea View Avenue, Plymouth
£300,000 (Tenant Fees)

CALLING INVESTORS – 10% GROSS YIELD!

Situated in the desirable and sought-after area of Lipson, this spacious period terraced property presents an outstanding investment opportunity. Offering a potential annual income of £30,000 and a gross yield of 10%, this is an ideal addition to any investor's portfolio.

The property has been lovingly maintained by its current owners, who have taken care to restore and retain a wealth of original features. The ground floor boasts a bright and welcoming living room, filled with natural light from its stunning large bay windows and tastefully decorated to create a stylish yet comfortable space, perfect for socialising or relaxing. Adjacent to this is a separate dining room and a generously proportioned kitchen/breakfast room, which has been modernised to meet contemporary standards. Also on this level is a convenient shower room.

Upstairs, the house continues to impress with three spacious and airy double bedrooms, all rich in character and charm. The master bedroom benefits from its own ensuite bathroom, in addition to a separate, well-appointed family bathroom also located on this floor.

To the rear of the property is a sizeable courtyard with access to a rear service lane, providing both practicality and outdoor space.

Having operated as a licensed HMO since around 2015, the property is currently configured to accommodate up to six individuals, with the reception rooms converted for use as additional bedrooms. The licence permits five single occupancies and one double, making full use of the available space to maximise rental income.

This is a fantastic opportunity to acquire a high-yielding, ready-to-go investment property in a popular location with strong tenant demand.