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3 bed Terraced property

Available

For Sale

Listed Jul 16, 2025

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£130,000

Available

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Description

"*ATTENTION INVESTORS FULLY LET GENERATING AN INCOME OF £1645 PER MONTH 15% YEILD! *

GUIDE PRICE £130,000 Auction 20th of May.

A freehold mid terraced investment property, currently arranged as three one bedroom self contained flats, all let on Assured Shorthold Tenancies and generating an income of £1,645.53 pcm £19,746.36 pae, representing a circa 13% yield. The property has the benefit of front and rear courtyard gardens and a garage to the rear of the property, double glazing and electric heating, with residents permit parking on street. The property may also appeal to those looking for a break up and onwards re sale opportunity.

Situated
Archer terrace is conveniently situated for the facilities and amenities of Plymouth City centre and the University, with excellent public transport links throughout the City and beyond, along with the A38 Devon Expressway.

Flat One
Sitting room, kitchen, utility room, bedroom and bathroom.

Flat Two
Lounge kitchen diner, bedroom and shower room.

Flat Three
Sitting room, kitchen, bedroom and shower room.

Outside
Front and rear courtyard style gardens and garage.

Viewings
Strictly by prior appointment with Miller Countrywide Plymouth. General enquiries Countrywide Property Auctions.

EPC Ratings
Flat 1 E
Flat 2 E
Flat 3 D
Please note that Flats 1 & 3 were registered on the Property Exemption register in July 2022.

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