Kingsley Road, Plymouth, PL4 6QP

Guide Price £300,000 to £325,000

This exceptional property has undergone a full refurbishment, making it an attractive and hassle-free investment opportunity. Designed for modern, high-quality rental living, it is ideally suited for the student and professional keyworker markets, both of which are in high demand in this prime location.

The property features six spacious double bedrooms, all furnished with brand-new orthopedic mattresses, solid oak furniture, and double beds. The newly fitted kitchen is equipped with high-spec appliances, including a washer-dryer, dishwasher, oven, gas hob, and microwave. Two brand-new bathrooms and an additional shower room ensure maximum convenience for tenants. The lounge/diner has been furnished with a large corner sofa, new dining furniture, and will include a wall-mounted TV.

The property has been completely redecorated and benefits from new laminate flooring and fitted carpets throughout. It is fully double-glazed, with gas central heating supported by a recently installed boiler, ensuring energy efficiency and reduced maintenance costs.

Located in the highly desirable area of Mutley, this property is perfectly positioned to attract tenants. It is just a two-minute walk to shops and supermarkets, a five-minute walk to Plymouth city centre and the University of Plymouth, and within easy reach of Derriford Hospital.

This turnkey property requires no further investment and offers strong rental yield potential in a sought-after location with high tenant demand.

The current tenants pay £2340 a month and pay all utility bills themselves. The landlord supplies fibre broadband to the property. This gives the property a yield of around 9%.

An unmissable opportunity for investors seeking a ready-to-go rental property in a thriving area.