Main image of 8 bedroom Mid Terrace House for sale, Milehouse Road, Plymouth, Devon, PL3
Communal Kitchen
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Bathroom
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£440,000 Guide price

8 bedroom Mid Terrace House for sale,
Milehouse Road, Plymouth, Devon, PL3

Plymouth Branch Manager
Your Move Estate Agents Plymouth
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Features and Description

  • 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

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.

Milehouse Road, Plymouth, Devon, PL3

Additional Information

  • Property ref
    MUT240077
  • EPC
    C
  • Tenure
    Leasehold
  • Council Tax
    B
  • Ground Rent
    Contact the branch
  • Ground Rent Review
    Contact the branch
  • Service Charge
    Contact the branch
Plymouth Branch Manager
Your Move Estate Agents Plymouth

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Your Move Estate Agents Plymouth

Plymouth Branch Manager
Your Move Plymouth
2 Mannamead Road, Mutley, Plymouth, PL4 7AA
Mon - Fri09:00 - 18:00Saturday09:00 - 16:00SundayClosed
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Borrowing £396,000 and repaying over 25 years with a 2.5% interest rate.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Main image of 8 bedroom Mid Terrace House for sale, Milehouse Road, Plymouth, Devon, PL3
Bathroom
7'10" x 5'3" (2.40m x 1.60m)
Bathroom
Communal Kitchen
10'6" x 9'10" (3.20m x 3.00m)
Communal Kitchen
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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

78

Potential

78

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A