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    Chedworth Street, Greenbank Plymouth, Devon, PL4 8NT

    £160,000Freehold

    211
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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    £740 /mo.25 Years, 3.75% Interest
    Loan
    £144,000
    Total Repay
    £222,105

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £700
    0% up to £125,000
    2% from £125,000 to £160,000
    Your effective stamp duty rate is 0.44%

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    Chedworth Street, Greenbank Plymouth, Devon, PL4 8NT

    £160,000

    Terraced house
    2 Bedrooms1 Bathroom1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:A
    Broadband:up to 1800Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    £155,000–£160,000
    Tenants expressing an interest to remain until 2027
    £14,040 per annum income
    Approx. £1,170pcm
    Approx. 8.78%–9.06% gross
    Income-producing investment opportunity

    Description

    Guide Price £155,000–£160,000

    An opportunity to acquire a two-bedroom freehold investment property currently let to students who have expressed an interest in remaining at the property until completing their studies in 2027 providing immediate rental income and ongoing stability for an investor.
    Based on the current asking price range of £155,000 to £160,000, the property is currently generating approximately £14,040 per annum from two occupied rooms, producing £130pw and £140pw respectively. This equates to £1,170pcm and delivers a gross yield of approx. 8.78% to 9.06%.

     

    Guide Price £155,000–£160,000

    An opportunity to acquire a two-bedroom freehold investment property currently let to students who have expressed an interest in remaining at the property until completing their studies in 2027 providing immediate rental income and ongoing stability for an investor.
    Based on the current asking price range of £155,000 to £160,000, the property is currently generating approximately £14,040 per annum from two occupied rooms, producing £130pw and £140pw respectively. This equates to £1,170pcm and delivers a gross yield of approx. 8.78% to 9.06%.


    Chedworth Street offers a straightforward, income-producing investment with tenants already in place, making it ideal for both experienced landlords looking to expand a portfolio and buyers seeking a ready-made investment from day one.


    There is also future flexibility for the property to operate as a standard residential let if desired, although the current room-by-room student setup is where the stronger return is currently achieved.
    Key Information

    Plymouth Branch

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