Molesworth Road, PL1

This substantial freehold property presents a noteworthy investment opportunity, featuring three self-contained apartments in a sought-after residential area. The building comprises two titles, offering strategic advantages for management or future sales. The lower ground floor unit includes private access and a rear garden, which could be transformed into off-street parking with the appropriate permissions to enhance rental appeal. Currently configured as a lower ground floor apartment, a studio on the first floor, and a spacious two-bedroom maisonette spread over two levels, this property holds significant potential for value addition. Located conveniently near Victoria Park and Plymouth City Centre, it remains attractive to professional tenants. With all existing tenants served notice, new owners can take advantage of the vacant possession to set market rents and implement desired upgrades. The projected gross rental income stands at around £28,000 per year with room for improvement through active management strategies and possible renovations.