£74,000
Cheriton Close, Plymouth, PL5 3QT
- 2 beds
£74,000
- 2 beds
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Guide Price of £70,000 to £80,000
Introducing this charming 2-bedroom apartment, a prime addition to your rental portfolio in the West Park neighborhood of Plymouth.
Step inside, where you’ll find a cozy lounge and dining area, a well-appointed kitchen, a family-sized bathroom, and two generously proportioned double bedrooms, ensuring comfortable living.
This property offers modern amenities such as efficient gas central heating and double-glazed windows. Additionally, its breathtaking far-reaching views add to the overall allure.
Currently, the apartment is leased under an assured shorthold tenancy, generating a monthly rental income of £580, resulting in an impressive gross yield of nearly 10%. Furthermore, there exists ample potential to increase the monthly rent to approximately £700, elevating the yield to a remarkable 12%. Don’t miss out on this fantastic investment opportunity.
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