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For Sale

28 Lipson Road

Specifications

3,035 Sq Ft (281.95 Sq M)
£
For Sale: £560,000
28 Lipson Road, Plymouth, Devon, PL4 8PW
Current Brochure

Summary

8 bed HMO with a shared kitchen and lounge
Fully let with scope to increase the rent on some rooms
Close to Beaumont Park
Fully renovated property in excellent condition
Parking for 2 at rear
EV charging point
Gross yield - 10%

Description

The property is a 8 bed HMO which has been configured to provide a shared kitchen and lounge. All rooms are a good size (most can be double occupied) with an en suite and fridges and extra storage for kitchen related goods. The property has been completely renovated. There is a front and rear garden, plus 2 parking spaces at the rear as well as an EV charging point (which is locked). Tenants are also eligible for parking permits. We believe there is scope for the rents to be increased.

Location

The property is located on Lipson Road which is close to Beaumont Park as well as Greenbank Road and therefore easily accessible with both private and public transport.

Accommodation

The floor area as stated on the EPC is 282 sq m (3,3035 sq ft)

Business Rates

The property is in Council Tax band D.

Services

We understand that mains electricity, gas, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC / MEES

C (69)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Agent Contacts