4 bed terraced house for sale

Stuart Road, Stoke, Plymouth PL1

Guide price £350,000 - £375,000. Located in this incredibly central and highly convenient position is this outstanding investment opportunity – a substantial and impressive period property arranged as four self-contained flats over three floors. The property makes a striking first impression with its strong and attractive façade, which continues internally with a good standard of presentation and an evident attention to detail, particularly in relation to current letting and compliance requirements. The building benefits from a Fire Risk Assessment, a serviced communal fire alarm system, and full electrical certification with valid eicr passes for all flats. Each flat has its own separate meters and utilities, individual council tax banding, and EPC ratings. The accommodation comprises four one-bedroom flats, with the current rental income as follows: Ground floor: 1-bedroom flat – £700 pcm; Ground & First Floor 1 bedroomed tenament flat - £750 pcm; First floor: 1-bedroom flat – £650 pcm Second floor: 1-bedroom flat – £675 pcm This produces a total annual income of £33,330 per annum, with all tenants paying their own utilities and bills. What is particularly impressive is the good quality throughout the individual flats. Each has fitted kitchens and modern bathrooms, along with well-maintained decoration. All flats benefit from gas central heating and uPVC double glazing. The communal areas are also clean, fresh and well presented, reflecting both a well-managed building and reliable tenants. Externally, the property has a small front garden and a particularly attractive open outlook over green space with mature trees, giving a rare sense of space and privacy for such a central location. Outside to the rear is an enclosed courtyard. Plymouth City Centre is within a short walk, and Plymouth Railway Station is close by, making this an exceptionally well-positioned investment with strong ongoing demand. A turnkey opportunity offering immediate income, excellent compliance standards and long-term capital potential.