House For Sale £1,000,000
Plymouth, Devon PL1

We are thrilled to introduce a unique opportunity to the market; a portfolio comprising 11 fully occupied properties. This cherished family portfolio has been well-maintained for years, fostering long-term relationships with many of its tenants. As a result, it is primed and ready for someone to step in and immediately enjoy the benefits of a hassle-free rental business. This diverse portfolio encompasses a variety of property types, including three spacious two-bedroom houses spanning three floors, a generously sized two-bedroom maisonette, a cozy two-bedroom maisonette, and six comfortable one-bedroom apartments. These properties are in good condition, with some recently refreshed interiors. Additionally, the portfolio includes a shared concrete space accessible to all tenants, providing a communal area for amenities such as laundry and outdoor drying lines. An added perk in this offering is the inclusion of two garages, a rare find in this sought-after location.
In today's rental market, the estimated combined annual income from these 11 properties stands at an impressive £99,000. With the additional garages sure to also command a rental value, the portfolio as a whole will exceed a 10% return on investment.