Property description

Guide Price £130,000 - £140,000. Fantastic opportunity to purchase this 2 bedroom end of terrace townhouse that has the cute name of 'Cobweb Corner.'

The house would make a great first time purchase for someone working in the nearby City Centre or University.

The layout, as a traditional family home, lends itself to having 3 reception rooms on the ground floor and 2 bedrooms along with a huge bathroom on the first floor. The main bedroom is a particularly impressive master bedroom spanning the full width of the house. The property has gas fired central heating and a replacement boiler was installed in 2014. At the rear there is a small enclosed courtyard.

Parking at the front is regulated by permits which cost £30 from Plymouth City Council.

The house could also appeal to a buy-to-let investor with an estimated income of £700 to £750 per month (around £9,000 per year) when let on an Assured Shorthold Tenancy Agreement.

Currently, the property is let to 4 students (2 are renting as a couple and they share a room) and so one of the reception rooms is utilised as a bedroom. We understand that the gross income in this format is circa £13,148 per annum. The utilities are paid by the landlord subject to a fair usage limit. In this layout and from the floorplan, you can see that there is a common room and another common room or breakfast room that leads off to the kitchen. One amendment that has been suggested is to relocate the bathroom downstairs which would result in 4 letting rooms plus the common room/breakfast room. The house has been used for letting purposes since 1997 and so is not affected by the Article 4 Directive.

As used the accommodation comprises -

Ground Floor: 1 letting room, communal living area, breakfast room and kitchen,

First Floor: 2 further letting rooms and a spacious 4-piece bathroom.

Property Features :

• End of terrace house
• Communal living area and breakfast room
• 3 letting rooms
• Gas central heating
• On street permit parking