Floorplan
Map4 bedroom terraced house for sale
Derry Avenue, Plymouth PL4
Added yesterday
Terraced house
4 beds
2 baths
1280
EPC rating: D
Key information
Features and description
- Prime Academic Location
- Current Rental Income £26,000 Gross P/A
- 26/27 academic year Income £29,600 Gross P/A
- Four Generous Double Bedrooms
- Dual Bathroom Facilities
- Refined Communal Space
- Versatile Asset Potential
- Proven Market Desirability
- Council Tax Band B
- EPC Rating D
SUMMARY *Prime Investment Opportunity*
Ideally situated on the prestigious Derry Avenue, this substantial mid-terrace period property represents a premier acquisition within Plymouth's thriving academic heart. Its strategic proximity to the University of Plymouth campus ensures it remains a cornerstone of the local rental market, perfectly positioned to capitalize on the consistent demand for high-quality student accommodation.
LOCATION Mutley is one of Plymouth's most energetic and eclectic neighbourhoods. Situated just north of the city centre, it serves as a bridge between the bustling downtown and the leafy residential suburbs of Hartley and Mannamead. Whether you're a student, a young professional, or a long-term local, Mutley offers a slice of city life that is constantly in motion. While Mutley itself is urban, it is bordered by Freedom Fields Park, which offers stunning views across the city toward the Sound, and Central Park, Plymouth's largest green space, which is just a short walk away.
DESCRIPTION The residence masterfully balances its historic architectural charm with the practical requirements of modern multi-occupancy living. Upon entry, the property's generous proportions are immediately apparent, characterized by a spacious and well-appointed reception room that serves as the central social hub of the home. This communal area is complemented by four impressively sized bedrooms, each designed to provide ample private space for residents. The inclusion of two modern bathrooms further enhances the functionality of the home, catering effortlessly to the needs of a busy household and ensuring a high standard of living for all occupants.
From an investment perspective, this property offers exceptional security and an immediate return on capital. It is already fully let for the 2025/2026 academic year, providing a guaranteed revenue stream and a seamless transition for the incoming landlord. While its current success as a student rental is well-established, the property's classic features and versatile layout also offer the potential for a sophisticated family residence, making it a "future-proof" asset in a vibrant urban setting.
This Derry Avenue home is a remarkable find, combining proven income generation with the enduring appeal of a period property. Prospective buyers are encouraged to act swiftly to secure a residence that offers both immediate financial performance and significant long-term capital growth potential.
VIEWINGS Interested applicants should call Martin & Co (Plymouth) today on[use Contact Agent Button] in order to arrange their viewing appointment.
NOTICE TO APPLICANTS We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Simply conveyancing. It is your decision whether you choose to deal with Simply Conveyancing. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.
Ideally situated on the prestigious Derry Avenue, this substantial mid-terrace period property represents a premier acquisition within Plymouth's thriving academic heart. Its strategic proximity to the University of Plymouth campus ensures it remains a cornerstone of the local rental market, perfectly positioned to capitalize on the consistent demand for high-quality student accommodation.
LOCATION Mutley is one of Plymouth's most energetic and eclectic neighbourhoods. Situated just north of the city centre, it serves as a bridge between the bustling downtown and the leafy residential suburbs of Hartley and Mannamead. Whether you're a student, a young professional, or a long-term local, Mutley offers a slice of city life that is constantly in motion. While Mutley itself is urban, it is bordered by Freedom Fields Park, which offers stunning views across the city toward the Sound, and Central Park, Plymouth's largest green space, which is just a short walk away.
DESCRIPTION The residence masterfully balances its historic architectural charm with the practical requirements of modern multi-occupancy living. Upon entry, the property's generous proportions are immediately apparent, characterized by a spacious and well-appointed reception room that serves as the central social hub of the home. This communal area is complemented by four impressively sized bedrooms, each designed to provide ample private space for residents. The inclusion of two modern bathrooms further enhances the functionality of the home, catering effortlessly to the needs of a busy household and ensuring a high standard of living for all occupants.
From an investment perspective, this property offers exceptional security and an immediate return on capital. It is already fully let for the 2025/2026 academic year, providing a guaranteed revenue stream and a seamless transition for the incoming landlord. While its current success as a student rental is well-established, the property's classic features and versatile layout also offer the potential for a sophisticated family residence, making it a "future-proof" asset in a vibrant urban setting.
This Derry Avenue home is a remarkable find, combining proven income generation with the enduring appeal of a period property. Prospective buyers are encouraged to act swiftly to secure a residence that offers both immediate financial performance and significant long-term capital growth potential.
VIEWINGS Interested applicants should call Martin & Co (Plymouth) today on[use Contact Agent Button] in order to arrange their viewing appointment.
NOTICE TO APPLICANTS We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Simply conveyancing. It is your decision whether you choose to deal with Simply Conveyancing. In making that decision, you should know that we receive an annual payments benefits, equating to approximately £200 per referral.
About this agent
We are an established estate agent and letting agent based in Plymouth. We specialise in sales, lettings and property management and take pride in delivering an exceptional service to sellers, buyers, landlords and investors alike Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof. Our company has always been at the forefront of property marketing technology, but our biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients. Conveniently located on Mutley Plain, as one of the leading estate agents in Plymouth, we recognise that our customers share our passion for property. Directors at the branch are husband and wife team Chris and Merolyn Whitaker. Chris, a former British Army Officer brings 21 years of management experience to the role, with Merolyn, bringing first-hand knowledge of the area having grown-up locally. We're experienced and qualified letting agents in Plymouth - as members of the Association of Residential Letting Agents (ARLA) we have Client Money Protection insurance in place to ensure your money is safe. In addition we are members of The Property Ombudsman and abide by the Trading Standards Approved Code. We offer a wide range of properties for sale and to rent not only in Plymouth but also in the surrounding areas of Torpoint, Saltash, Callington, North Plymouth '“ Crownhill, Derriford and Woolwell and to the west and south in Plympton, Plymstock, Ivybridge and the South Hams.
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