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Eleven-Bedroom Freehold Hmo Investment Properties

Plymouth, PL2 - Get Access

11 bed 4 bath

Description

An opportunity to acquire two adjoining freehold HMO investment properties offered together as one substantial lot in a well-connected Plymouth location. Situated close to Devonport Dockyard, the properties offer convenient access to Plymouth city centre, the waterfront, rail services, and the wider road network, making them well placed for occupiers working in surrounding employment areas. The properties comprise a five-bedroom HMO and a six-bedroom HMO, providing eleven bedrooms in total. The accommodation is presented in a modern style and is complemented by enclosed courtyard areas, while a detached garage accessed from the rear lane provides useful additional storage space. Number 114 Albert Road features an open-plan living room, kitchen, and dining room along with two WCs on the ground floor; three bedrooms, two shower rooms, and a utility room on the first floor; and three further bedrooms on the second floor. Number 116 Albert Road features an open-plan living room, kitchen, and dining room alongside a bedroom with a small kitchenette on the ground floor; a utility room, two shower rooms, and two bedrooms on the first floor; and two bedrooms on the second floor. Externally, both benefit from enclosed courtyard areas and a detached garage with rear lane access.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 2,099 sq ft (EPC)

Valuing these adjoining terraced Victorian-era properties in Plymouth involves reviewing local terraced transactions along Albert Road. The property is currently in good overall condition with a 6/10 condition score, featuring modern interiors and minor exterior wear. Floor area has been sourced from the EPC data at 2,099 sq ft.

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