Skip to main content

No longer on the market

This property is no longer on the market

Picture No. 25
Picture No. 03
Picture No. 11
Picture No. 07
Picture No. 19
Picture No. 20
Picture No. 22
Picture No. 18
Picture No. 08
Picture No. 09
Picture No. 10
Picture No. 12
Picture No. 14
Picture No. 13
Picture No. 16
Picture No. 17
Picture No. 21
Picture No. 05
Picture No. 06
Picture No. 24
Picture No. 23
Picture No. 04

14 bedroom detached house

Detached house
14 beds
5 baths
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand G
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

*Upcoming Open Day Event - Viewings strictly by appointment only*

This property is a rare investment opportunity that combines immediate income generation with substantial potential for future growth. With 14 fully tenanted rooms and a separate semi-detached one-bedroom bungalow generating a total annual income of £83,112 (10.31% yield)—rising to £88,608 (11% Yield) when the advertised room (Room 11) is filled.

This asset is already a strong performer. All tenants are working professionals or semi-retired individuals, ensuring stability and reliable income from the outset. Furthermore, some rental agreements are due for review, presenting a clear opportunity to increase the already impressive revenue stream.

The property is brimming with value-added potential. The detached bungalow, with its own entrance and courtyard, has been continuously let since December 2017, and offers scope for a retrospective planning application to establish it as a separate dwelling. Additional features include private car parking, a generous garden, and further parking spaces, all of which enhance its desirability to current and future tenants.

Strategically positioned for redevelopment, the property offers multiple avenues to maximize its value. Whether it's upgrading existing rooms with en-suite facilities, converting the space into self-contained flats, or redeveloping the site into a modern apartment block with the potential for a dozen or more units, the possibilities are both lucrative and varied.

This is more than just a property—it's a high-yielding investment with untapped potential for even greater returns. With steady income, valuable amenities, and a range of redevelopment options, it stands out as an exceptional opportunity in today's market.

Property information from this agent

Visit agent website

About this agent

Pilkington Estates - Stoke
Pilkington Estates - Stoke
161 Molesworth Road Plymouth PL3 4AJ
01752 942199
Full profileProperty listings
We are property experts and communicate fast using text messages, Facebook, email, phone and of course, face-to-face conversations. Once you have registered with us, we will be in touch to tell you about what’s new on the market, and this will often be ahead of properties appearing online, giving you the edge over other potential buyers to view the best properties first. We can even offer you a home finding service using our network of contacts and local knowledge  and this is often before a property has been openly offered for sale. Give yourself an advantage and contact Pilkington Estates today.
... Show more

See more properties like this

*Disclaimer and call rate information...