House For Sale
£375,000
Derry Avenue, North Road East, Plymouth
Description
An amazing opportunity to acquire a high yielding investment property.The property is currently being used as a large family home and two self contained investment units, however this could also be utilised as a seven double bedroom HMO and two self contained units.This Victorian house, retains much of it original period character and charm with mouldings, corbels, feature fireplaces and Mosaic tiling. The property is located within a short walk of Plymouth University, the Train Station and City Centre. The HMO could produce £3,300 pcm gross, Unit A £750 pcm and Unit B £550 pcm, equating to £55,200 which is a gross yield 14.7%.