7 bed end terrace house for sale

Sea View Terrace, Lipson PL4

***This exceptionally well-maintained and fully licensed House in Multiple Occupation (HMO) presents a truly outstanding turnkey investment opportunity for any discerning investor seeking a high-yielding and hassle-free addition to their portfolio. ***

Summary This exceptionally well-maintained and fully licensed House in Multiple Occupation (HMO) presents a truly outstanding turnkey investment opportunity for any discerning investor seeking a high-yielding and hassle-free addition to their portfolio.

Location Boasting seven generously proportioned double bedrooms, this property is ideally located just a short walk from Plymouth University, the vibrant City Centre, and the popular Mutley Plain, ensuring consistently high demand from student and professional tenants. This prime location offers convenient access to a wide range of amenities, including shops, restaurants, bars, and transport links, making it an exceptionally attractive proposition for tenants.

Description The thoughtfully designed accommodation is spread across three floors and offers comfortable and well-equipped living spaces. On the ground floor, you will find two double letting rooms, providing immediate rental income. The ground floor also features a spacious communal kitchen/lounge, creating a social hub for residents and fostering a sense of community. A convenient downstairs W.C. And a practical utility room complete the ground floor accommodation.

The first floor houses three further double letting rooms, all well-appointed and providing comfortable living spaces. Two modern shower rooms, each comprising a walk-in shower, W.C., and basin, serve the residents on this floor. Ascending to the second floor, you will discover two additional double bedrooms, offering further letting potential. A delightful roof terrace also graces this floor, providing a private outdoor space for residents to relax and enjoy.

Externally, the property benefits from a small communal courtyard, offering a further outdoor area for residents. The aforementioned roof terrace provides an additional private outdoor space. Convenient on-street permit parking is available at the front of the property, adding to the appeal for both residents and potential investors.

This substantial seven-bedroom HMO represents a rare opportunity to acquire a fully licensed and well-maintained investment property in a prime location currently generating £38,000 per annum. Internal viewings are highly recommended to fully appreciate the scale, quality, and potential of this exceptional property. Call now to arrange your viewing and avoid disappointment.

Viewings Interested applicants should contact Martin & Co today on in order to arrange their viewing appointment.

Notice to applicants We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Simply conveyancing. It is your decision whether you choose to deal with Simply. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.

Auctioneers comments Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.