*FREEHOLD UNIT WITH 2X TWO BEDROOM FLATS*
GUIDE PRICE - £220,000 - £230,000 - Situated in the popular residential area of Greenbank, this deceptively spacious mid-terrace property presents an excellent investment opportunity, comprising two self-contained flats with long-term tenants in situ and generating a combined income of £1,500 per calendar month.
The property is accessed via a communal entrance hall, with separate doors leading to each flat.
The ground floor flat offers generous accommodation throughout, including a spacious living room with a double-glazed window to the front elevation, two double bedrooms, a dining room, fitted kitchen, shower room and separate WC. An inner hallway provides access to the enclosed rear courtyard via a side door. This flat is currently let and generates £600 PCM.
The first floor flat is equally well-proportioned and comprises a welcoming hallway, modern fitted kitchen, contemporary bathroom, spacious lounge/diner with double-glazed windows to the front elevation, and two double bedrooms, one positioned to the rear of the property. This flat is currently achieving £900 PCM.
Conveniently located close to Plymouth City Centre, local amenities, transport links and the University, the property offers a ready-made investment with an established rental income and potential for future growth.
Current Rental Income: £1,500 PCM
Tenants in Situ
Two Self-Contained Flats
Popular Central Location
Ideal Investment Opportunity
Early viewing is highly recommended.
EPC Rating: D (Ground Floor & First Floor Flats).
Council Tax Band: A
Tenure: Freehold
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*Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.
†The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
Countrywide Mortgage Services and Connells Group Insurance Services are trading names of Connells Group Principal Services Limited which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Witan Gate House, 500-600 Witan Gate West, Milton Keynes, MK9 1GF. Registered in England no. 01707341.
