£350,000
Studio flat for sale
Hill Park Crescent, Devon PL4
studio Flat Property description
Presenting a superb investment opportunity, this property comprises a block of five individually let flats situated in a sought-after location renowned for its convenient access to public transport links, local amenities, and walking routes. Ideally positioned for those with connections to the nearby university, the property is certain to appeal to investors seeking strong rental yield of 12.7% and continuous demand.
Each flat within the block is neutrally decorated, ensuring broad tenant appeal.. The current rental configuration is as follows: Flat 1 – achieving £700pcm, Flat 2 – £575pcm, Flat 3 – £700pcm, Flat 4 – £1,000pcm, and Flat 5 – £725pcm. The block is fully let, providing immediate income from day one of ownership.
The locality offers a vibrant lifestyle with a diverse range of amenities on the doorstep and excellent connectivity to the broader city. The presence of nearby parks and established walking routes further enhances the desirability of this address, making it a particularly attractive option for students and professionals alike.
With its prime positioning, exceptionally strong lettings history, and ready-made income, this property stands as a compelling portfolio addition for discerning investors. Early viewing is highly recommended to secure this rare opportunity in an area of longstanding demand.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
MUT250255/2
Each flat within the block is neutrally decorated, ensuring broad tenant appeal.. The current rental configuration is as follows: Flat 1 – achieving £700pcm, Flat 2 – £575pcm, Flat 3 – £700pcm, Flat 4 – £1,000pcm, and Flat 5 – £725pcm. The block is fully let, providing immediate income from day one of ownership.
The locality offers a vibrant lifestyle with a diverse range of amenities on the doorstep and excellent connectivity to the broader city. The presence of nearby parks and established walking routes further enhances the desirability of this address, making it a particularly attractive option for students and professionals alike.
With its prime positioning, exceptionally strong lettings history, and ready-made income, this property stands as a compelling portfolio addition for discerning investors. Early viewing is highly recommended to secure this rare opportunity in an area of longstanding demand.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
MUT250255/2
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First listed
2 days agoHill Park Crescent, Devon PL4
Marketed by
Your Move - Plymouth 2 Mannamead Road Mutley PL4 7AACall agent on 01752 942905
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Hill Park Crescent, Devon PL4 - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Your Move - Plymouth. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Your Move - Plymouth for full details and further information.
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