162 Albert Road, Plymouth | Property for sale | Savills
Guide price £190,000($250,724)

162 Albert RoadPlymouth

  • New
  • Sole agency
  • Freehold
Investment
Yield 14%Yield

Key features

  • Investment let at £27,660 p.a. (14.55% GIY on guide)
  • Comprising of commercial unit at ground floor and 4 x bedroom HMO
  • Ground floor shop let on a new 4 year lease from 2024 at £6,000 p.a.
  • 4 Bedroom HMO in the upper part investment let at £21,660 p.a.
  • Possible development potential to add additional space/ dwellings
  • Rear access and Garden
  • An approx. 0.3 miles to Devonport Station
  • VAT free investment

A mid terrace property comprising of Ground floor commercial unit (Let on a new 4 yr lease) and a 4 bedroom HMO at first floor level.

About this property

  • A mid terrace 3 storey property comprising of ground floor lock up shop and self contained 4 bedroom HMO situated over ground, first and second floor (loft space). There is a rear garden which offers access onto Healy Place. Nearby occupiers include Coop food and Coop Funeral Care as well as wide range of local and independent retailers.

Local information

  • The property is located on the North side of Albert Road and can be found between the junctions of Ross Street and Healy Place.
  • Devonport Station an approx. 0.3 miles from the property