7 Bedroom Detached House to Rent

Full Description

Spacious Detached Residence with Investment & Redevelopment Potential Efford Road, Higher Compton
Novahomes are delighted to present this unique detached residence, occupying a substantial plot in the sought-after location of Efford Road, Higher Compton. Currently configured as two generously sized flats, this property offers incredible versatility for homeowners and investors alike. The ground floor flat boasts four spacious bedrooms, a well-appointed kitchen/dining room, a four-piece bathroom, and a separate WC. The first floor flat features three bedrooms, a kitchen, a bathroom, and a separate WC. Externally, the property benefits from two large driveways on either side, providing ample off-road parking for multiple vehicles.
Potential & Investment Opportunity
Family Home Conversion With vision and investment, the property could be restored to an outstanding 5/6-bedroom detached family home.
Investment Opportunity Currently achieving an approximate rental income of ?24,000 per annum, both flats hold their own leaseholds, making this an attractive ready-made investment.
Development Potential Investors may wish to explore the possibility of redeveloping the site to maximize returns, subject to necessary planning permissions.
This is a rare opportunity to acquire a substantial property with multiple possibilities. Contact Novahomes today to arrange a viewing and explore the full potential of this unique residence.


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Plymouth City Council, Band B

Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: FTTC
Telephone: Landline

Other Items
Heating: Gas Central Heating
Garden/Outside Space: Yes
Parking: Yes
Garage: No