£440,000
8 bedroom Mid Terrace House for sale, Plymouth, Devon, PL3
Milehouse Road
- Substantial Period Property
- Superb Investment Opportunity
- Currently Generating £39,804 P/A
- Arranged Over Three Floors, Comprising 6 Bed & S/C 2 Bed Apartment
- Double Garage
- Convenient Location
The pin shows the exact address of the property
Your Move present to the market Milehouse Road. Two Flats over three floors with a detached double garage.
The ground floor flat is a generous two-bedroom flat and an HMO first-floor flat is a six-bedroom duplex flat.
Each flat has been split with individual leases of over 900 years.
Ground Floor Flat rental income is £775 pcm.
First Floor Flat Room 1, 2, 6 are £500 pcm
Rooms 3,4 combined are £700 pcm
Room 5 is £525 pcm
The total monthly income is £3500 making a total of £42,000 per annum. The yield on the investment 9.5%
Garages are currently used by the landlord however could be rented out separately to tradesmen, local homeowners or the public especially on match days to boost the income
This substantial Victorian residence, arranged over three floors & comprises, a beautifully presented two double bedroom ground floor apartment with a private decked balcony . The First Floor Flat is a fully licenced HMO 6-bedroom duplex flat, with a communal bathroom, separate shower room & WC.
Please call the Your Move Plymouth team for further information.
EPC Grade: First Floor Flat - C
Local Authority: City Of Plymouth
Conservation Area: No
Council Tax Band: Band B
Flood Risk: Rivers & Seas Very Low
Surface Water Very Low
Year Built 1950-1966
GFF & FFF 999 years from 16.09.2011
Licence expiry date: 08/03/2027
The licence holder for this HMO is: Mr Tim Mellor
PLEASE NOTE THIS LICENCE IS NOT TRANSFERABLE TO A NEW OWNER.
THE LICENCE HOLDER NAMED ABOVE REMAINS RESPONSIBLE UNDER THE
TERMS OF THIS LICENCE UNTIL SUCH TIME AS THE LICENCE EXPIRES OR
IS REVOKED BY THE LOCAL AUTHORITY.
Picture | Room | Measurements |
---|---|---|
Living Room (Apartment) | 5.4m x 4.8m | |
Master Bedroom (Apartment) | 4.4m x 3m | |
En-Suite Bathroom | ||
Bathroom | 2.4m x 1.6m | |
Bedroom Two (Apartment) | 3.6m x 3m | |
Kitchen / Diner (Apartment) | 4.8m x 4.2m | |
Communal Entrance & Hallway | ||
Communal Kitchen | 3.2m x 3m | |
Communal Bathroom | ||
Separate WC | ||
Bedroom6 | 4.2m x 2.8m | |
Bedroom4 | 4.8m x 4.4m | |
Bedroom3 | 4.8m x 4.4m | |
Bedroom5 | 3.4m x 2.2m | |
Second Floor | ||
Bedroom7 | 4.2m x 3.7m | |
Bedroom2 | 6.2m x 3.2m | |
Shower Room | 2.6m x 1.8m |
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
78Potential
78CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
N/APotential
N/AFind out how much Stamp Duty you might pay.
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